Posts tagged manufacturing
Machinery Breakdown

Machinery Breakdown Insurance protects your business against the costs of repairs to broken machinery, and can be the difference in getting your business back up and running when it counts. More crucially, machinery breakdown insurance can also cover you against any financial losses to your business caused by that breakdown. Something that should be considered essential for any business that relies heavily on manufacturing, machinery or equipment. Also included is the electrical breakdown of insured equipment or computers and can extend to economic loss as a result of the insured asset.

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Product Recall Insurance

Product Recall Insurance covers the costs associated with recalling a product from the market due to a defect, a malicious product tamper and/or product extortion. It can also extend to cover business interruption and costs associated with crisis management and public relations consultants to guide the insured through the first critical weeks of a recall. Additional extensions include accidental contamination causing bodily injury or property damage.

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