Products Recall Insurance
The costs associated with recalling a product due to safety or health concerns can be staggering. Along with direct costs, consider the impact of public relations, legal fees and product replacement.
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Products Recall Insurance
What is products recall insurance?
Products recall insurance is a type of insurance policy designed to provide financial protection for businesses that manufacture and/or distribute products. It provides coverage for the costs associated with a voluntary or involuntary recall of a product due to a defect, contamination, or other safety concerns. The policy pays for the costs of notifying customers, retrieving, and disposing of the recalled product, and replacing the recalled product with a safe, acceptable alternative.
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PRODUCTS RECALL INSURANCE YOU HAVE TWO OPTIONS:
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Why choose Guthrie Insurance – InsurePlus FOR YOUR Products Recall Insurance IN canada?
Separate aggregate limits for your Errors & Omissions, First Party Cyber liability and Commercial General Liability
Broadened definition of Product to include component parts of Hardware/Software
Cover for fines and penalties for violations of the Canadian Anti-spam Legislation
Zero deductible option
Underwritten by Lloyds of London and other A-rate insurers
A variety of payment options including Visa, Mastercard and Amex
Coverage options include:
- Up to $1,000,000 Errors & Omissions Liability
- Up to $2,000,000 Commercial General Liability
- Contents coverage option up to $50,000
- Option of up to $25,000 in Property Away from Premises
GET A FREE ONTARIO Products Recall Insurance QUOTE TODAY!
We make it easy. Finely crafted insurance policies to address your liability risks and exposures, competitive premiums, and helpful, expert advice for ALL of your business and commercial liability insurance needs – Guthrie Insurance has you covered!
Get a fast, free Ontario commercial liability insurance quote for your corporation, business or institution today.
Just call us at 1-888-310-7283 (SAVE) or give our helpful commercial insurance brokers some information on the “Request a Quote” and we will get right back to you – usually within a few minutes 9am to 5pm – Mon – Fri.
Who needs Products Recall Insurance?
Products recall insurance is designed to protect manufacturers, distributors, and other businesses involved in the production and sale of products from financial losses that may result from a product recall. This type of insurance is often used by businesses that produce food, beverages, pharmaceuticals, cosmetics, toys, and other consumer goods.
Guthrie Insurance provides comprehensive and reliable coverage for Products Recall Insurance with customized and cost-effective insurance policies. With our team of experienced and knowledgeable insurance professionals, you can count on us to provide the best protection for your commercial activities. We work closely with you to assess the risks you face and tailor a policy that meets your needs, budget, and expectations. Our commitment to customer service and satisfaction is unmatched, ensuring that you get the coverage you need without paying or coverage you don’t.
Get the best Products Recall Insurance from the professionals at Guthrie Insurance Brokers.
Call or email us today to learn more about how our Products Recall Insurance can help protect your organization.
Products Recall Insurance IN ONTARIO – COSTS AND PREMIUMS
When applying for errors and emissions liability insurance for your Ontario business, it’s hard to determine an exact cost or price. This is mainly due to the fact that every business is different to the next, and there is no real ‘one package for all cookie-cutter’ solution. For example, a computer specialist will have different liability needs compared to a photographer, so their overall cover amount and type of insurance will differ.
When you apply for professional liability insurance our Ontario brokers will work with a number of leading brokerages in the area to find you the most appropriately priced quote with a high level of cover to suit your businesses needs and requests.