Your products and services are produced and provided to the best of your ability, always ensuring when they reach the consumer, they are ready for use. However, accidents happen, defects and malfunctions are possible even when you’ve taken all necessary precautions. Product Liability Insurance will protect you against lawsuits and damages resulting from the use or consumption of your products. Protect your business from injuries, damages and expensive legal battles with the right protection from MVP United Insurance Services.
Benefits of having the right product liability insurance coverage
These are some of the benefits that your business can get once you invest in the right product liability insurance plan:
In the event that your product malfunctions or is defective and causes physical or bodily injury, or illness, your insurance may cover the medical expenses of those affected.
Depending on your coverage, Product Liability Insurance may provide compensation to those affected.
In the event that property damage is caused by the work you performed, your insurance may pay to repair or replacement of said property.
Product liability lawsuits are expensive! Your Product Liability Insurance may pay for your defense.
Your Product Liability Insurance provider may even cover the expenses of costly product recalls and withdrawals.
Want to know more about our product liability insurance?
Talk to our insurance specialist today!
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