Why do I need product recall insurance?

In recent times we have seen a series of product recall scandals such as contaminated food and toxic materials in children’s toys. Product Recall Insurance covers the cost of recalling a product that has a dangerous defect, has been maliciously tampered with or is subject to malicious threats of contamination.


The cost to your business should you be compelled to recall a dangerous product can be vast. A comprehensive product recall policy will cover the costs of recalling the product (including from down the supply chain), replacing the product, lost profit, public relations and brand rehabilitation – all co-ordinated by a disaster management specialist.

Product recall, or contamination, will only work if the product is potentially dangerous. If it is just faulty you will need product guarantee insurance.


If you would like independent advice on Product Recall insurance please contact us