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Products Insurance: Protect Your Business

Comprehensive coverage for corporate businesses to safeguard against financial losses from defective products, product recalls, and liability claims, ensuring brand reputation and operational continuity.

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What Is Products Insurance?

Products Insurance is a specialized corporate insurance plan that protects businesses from financial losses due to defective products, product recalls, or liability claims arising from product-related injuries or damages. It ensures your brand's reputation and financial stability remain intact.

Product manufacturing

Why You Need Products Insurance?

Liability Protection

Covers claims from product-related issues.

Product Recall Coverage

Manages costs of recalling defective products.

Reputation Protection

Safeguards your brand’s credibility.

Legal Defense Costs

Covers legal fees for product claims.

Peace of Mind

Ensures business continuity.

What Is Covered / Not Covered

Covered

  • Product Liability Claims
  • Product Recall Expenses
  • Legal Defense Costs
  • Bodily Injury from Products
  • Property Damage from Products

Not Covered

  • Intentional Misconduct
  • Contractual Liabilities
  • Non-Product Related Claims
  • Wear and Tear of Products
  • Uninsured Perils (e.g., War)

Types of Coverage Available

Product Liability

Covers claims from product-related injuries.

Product Recall

Covers costs of recalling defective products.

Legal Defense Costs

Covers legal fees for defending claims.

Bodily Injury

Covers injuries caused by products.

Property Damage

Covers damage caused by defective products.

Reputation Management

Covers costs to manage brand reputation.

Who Can Buy This Insurance?

Manufacturers

Companies producing consumer goods.

Retail Chains

Businesses selling branded products.

Distributors

Firms distributing products to markets.

Importers

Businesses importing goods for sale.

Food & Beverage Companies

Firms producing food products.

Electronics Manufacturers

Companies producing tech devices.

How to Buy / Apply

Step 1: Share Details

Provide product and business details.

Step 2: Select Plan

Choose coverage for your products.

Step 3: Get Quote

Compare plans and finalize policy.

Step 4: Pay & Receive

Pay online and get policy instantly.

Claim Process

Step 1: Notify Insurer

Inform us about the product claim.

Step 2: Submit Documents

Provide claim details and evidence.

Step 3: Claim Review

Claim assessed by our expert team.

Step 4: Claim Payout

Receive approved claim amount.

Frequently Asked Questions

Is Products Insurance mandatory?

It’s not mandatory but highly recommended for businesses manufacturing or selling products.

Does it cover product recalls?

Yes, it covers expenses related to recalling defective products.

What businesses need this insurance?

Manufacturers, retailers, distributors, and importers of consumer goods benefit from this coverage.

Can I customize the policy?

Yes, you can tailor the policy to cover specific product-related risks.

What’s the minimum premium?

Premiums vary based on product type, business size, and risk exposure. Get a quote for exact pricing.

Contact & Support

Customer Care

Call us at: +91 8827275975

Email Support

Reach us at: support@apsinsurancevia.com

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