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PRODUCT RECALL

Product contamination

Product contamination insurance is designed for topical and ingestible products for human consumption.

Coverage Accidental contamination, malicious tampering, product extortion.

Target Markets

  • Manufacturers, processors, retailers, distributors, ingredient suppliers, wholesalers, co-packers, bottlers

  • Food, beverage, cosmetics, tobacco

  • Restaurants

Recall liability for
auto component parts

Product liability insurance will protect a manufacturer from damages resulting from faulty parts

Coverage

Standard cover includes first and third party recall expenses, business interruption, rehabilitation costs, 12 months retroactive date.

Target markets

  • Tier 1- 4 suppliers

  • Safety and non-safety critical components

  • Manufacturers, distributors, and importers of component parts

First party recall for consumer goods

Coverage

Standard cover includes first and third party recall expenses, business interruption, rehabilitation costs, 12 months retroactive date.

No coverage offered for products that are incorporated as component of a third party product, and any topical & ingestible products.

Target markets

  • Risks considered include manufacturers, importers, wholesalers and retailers.

  • Finished consumer goods such as children’s products, electrical appliances, furniture, sports or exercise equipment, clothing and household products.

Luke Bauckham

Chief Executive Officer

luke.bauckham@cbbltd.co.uk

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