Product Recall Insurance Offered to Manufacturers and Suppliers

Poms & Associates Insurance Brokers, Inc., Woodland Hills, CA, has introduced product recall legal liability insurance coverage for manufacturers and suppliers. The coverage enables the insurance company to respond to product recall legal liability imposed on a supplier (such as a supplement raw material supplier or contract manufacturer) if the company is found to be legally liable for costs associated with their customers’ recall of a product. The recall of a product does not have to be mandated by a regulatory body for coverage to be triggered. Voluntary recalls are covered if there is imminent danger of a product causing bodily injury to a person. The insurance will fit almost any industry where a basic supplier/customer relationship exists.