At Create, we cover product liability insurance as part of the public and product liability insurance cover, and you can start a quote here. However, if you’re looking for the definition of product liability insurance, read on for more information.
Product liability insurance protects against damage or injury claims from a product you sell. Whether you were originally involved in the manufacture of the product or not, your freelance business could be held liable.
Any goods sold, supplied, distributed, manufactured, constructed, erected, installed, altered, tested, serviced, maintained, repaired, cleaned or treated by you and your business. However it does not include the costs of recalling, removing, repairing, reconditioning or replacing any product or any of its parts.
For claims arising from your products, your insurer will pay a single limit of cover for the total of all claims. They will also pay for defence costs for those claims until the limit of insurance has been exhausted. As a policy holder, you must pay the relevant excess agreed in your schedule.