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Product liability insurance is designed to protect your business if you’re sued because a product you sell, assemble or supply has caused harm to a person or to their property.
Get the right advice at the right price and have a local Steadfast broker on your team.
Contaminated sunscreen class suit
The offshore manufacturer of George’s sunscreen accidentally contaminates the product with chemicals that cause customers to break out in a painful rash.
They file a class suit against George to compensate them for the injury. Luckily, George’s policy covers him for the costs of going to court and the damages awarded to the customer.