No matter how much money companies invest in research and development, operational oversight and product testing, mistakes can happen and unsafe products can be released to the public. Businesses often have to issue costly product recalls to ensure public safety and brand preservation. Obtaining Product Recall Coverage is an important first step in ensuring that the expenses associated with a product recall don’t end up destroying them causing critical harm to the business.
Burns & Wilcox can provide access to specialty insurance tailored to your clients’ commercial needs. Our experts can provide a policy that will make it easier for your client to do the right thing when product recall is required.
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Black & Decker agreed to pay for unsafe, recalled lawnmower
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