PRODUCTS
PRODUCTS LIABILITY
Products are manufactured all over the world. No matter the type of product – electronics or pharmaceuticals, consumer goods or components – the buying public count on them to be safe, of sufficient quality, with adequate instructions included. However, there are many various reasons why products don’t always meet those expectations or standards and can cause injury or loss. When things do go wrong, the damages awarded in these cases can be extensive. They can include compensatory damages, medical costs, legal costs, economic and punitive damages. At worst, a product liability claim can put you out of business.
Axis Insurance will work with you to create the right products liability insurance as well as helping you transfer the risks to other parts of the supply chain.
