Scope Of Cover
The policy offers to indemnify the legal liability that you incur as a result of bodily injury or property damage caused by the use of your products after they are sold or supplied.Exclusions
The policy does not cover product liability or costs arising out of:- 1. Costs incurred in repairing products
- 2. Costs incurred in recall of products
- 3. Any product used as part of an aircraft
- 4. Deliberate non-compliance with any statutory provision
- 5. Loss of goodwill or loss of market
- 6. Fines, penalties, punitive or exemplary damages
- 7. War risks, nuclear risks
- 8. Property belonging to you or held in trust
- 9. Claims arising out of contract of employment
- 10. Contractual liability
- 11. Product Guarantee
- 12. Product Recall
- 13. Failure of goods to fulfil intended purpose
- 14. A contract of employment or apprenticeship
Extensions Available:
The policy can be extended on payment of extra premium to include1) The legal liability of named technical collaborators
2) Liability to your vendors
3) Liabilities arising in the United States of America and Canada.
The full range of benefits available under the policy is detailed therein and is subject to the terms, conditions and exclusions applicable to the cover. A copy of the policy wording is available on request, and will be sent to you upon the acceptance of your proposal.
