Product Recall Insurance FNQiB

Product Recall & Tampering Insurance

Product Recall insurance reimburses costs incurred to recall and replace a product in the marketplace with a safe one.

Product recalls are occurring more frequently and often receive media attention. A poorly handled product recall can have a catastrophic impact upon brand reputation, an organisation’s assets and even their ability to continue trading.  Whilst a recall extension under a Product Liability policy includes some protection, it does not always reimburse the insured for their own costs incurred to withdraw and replace a product.

FNQ Insurance Brokers have access to a long list of insurers who provide comprehensive insurance solutions for Product recall and/or tampering.

Covers can be tailored to include:

  • Extortion costs
  • Recall and Replacement costs
  • Business Interruption
  • Brand rehabilitation costs
  • Crisis management costs and PR services

Can your business afford to experience the costs of having top recall a product? Contact one of our account managers today to discuss your Product recall needs!!