Product liability insurance for small businesses
Product liability insurance is a product we sell alongside public liability insurance. It gives you a little bit of extra support if your business is held responsible for injuring someone or if they get sick from your product.
We’re not just talking about a less than delicious cake that makes someone feel ill. If you create, make, bake, manufacture, and then sell, distribute, supply or deliver your products to customers, then this cover is for you. There is nothing worse than a huge legal fee hitting your inbox - prepare for the worst so that you are covered.
Lukango has partnered with Markel Direct, who underwrite and administer the policies, to offer specialist product liability insurance for small businesses.
Find out more about small business product liability insurance below, or click here to get a quote:
Product liability protects you against the cost of compensation caused by
Damage to property caused by a faulty product
What is product liability insurance?
Product liability insurance covers compensation claims and legal fees if someone sues you because they’ve been injured or their property has been damaged by one of your products.
Get product liability insurance for your small business from our insurance partner Markel Direct and:
- Get tailored quotes in minutes
- Get covered and all your documents the same day
- UK-based expert support, online and on the phone
Do I need product liability insurance cover?
Businesses that sell products may be exposed to claims if a product causes injury or damage. In certain circumstances, liability can arise even if the business did not manufacture the product. For example, liability may still apply if the product carries the business’s branding, the original manufacturer cannot be identified, or the manufacturer is no longer trading.
Product liability insurance is a type of cover designed to respond to specified legal costs and compensation payments arising from certain claims relating to products, depending on the terms and conditions of the policy. Compensation in these cases can relate to areas such as loss of income due to injury or the repair or replacement of damaged goods.
Frequently asked questions about Product Liability
- How is public liability and product liability insurance different?
Product liability insurance covers you for any damage or injuries that happen to your customers as a result of your product being faulty. This is different from public liability which provides cover should someone slip or trip when they come into contact with your business. Contact could be at your farmer's market, place of work, workshop or where you physically sell your products or services.
- What does product liability do?
If that accident happens, and someone suffers an injury or damage because of one of the products you sell, then product liability coverage protects your business. It is important that you have insurance to cover the depth and scale of what it is that your small business does. This includes making sure you have coverage for any damage caused by your products.
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