
If you own a business that entails production and marketing of goods to the consumers, we particularly suggest you obtain product liability coverage. This type of insurance coverage protects the seller or the producer against any liability due to malfunctioning or defects of the product claimed by the final customer. For you to fully understand the significance of this coverage, we’ll provide you samples of claims which different vendors or manufacturers often encounter:
1) Malfunctioning or defunct product –These claims can be filed against producers due to errors or defects during the manufacturing process which in effect makes the final product defunct or unsafe to use.
2) Defects in design – Such…











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