Norwest NSW
Product Liability Insurance
If you make, import, sell or even just supply products, you can be held responsible when something goes wrong with them. A faulty heater starts a fire. A food product makes someone sick. A tool breaks and injures a user.
Product liability insurance covers legal liability for injury or property damage caused by products you make, sell or supply.
Who it suits
- Manufacturers and importers
- Wholesalers, distributors and retailers
- Food producers, cafes and restaurants
- Installers and tradies who supply materials
What it can cover
- Bodily injury and illness caused by your product
- Damage to other people's property
- Legal and defence costs
- Product recall costs, as an extension
What to check
- Where your products end up, including overseas and the USA, which insurers treat differently
- Whether you import or just resell
- Your records and supplier contracts
- The limit and any exclusions for certain product types
Case study
An example
A small importer sells a batch of phone chargers. One overheats and starts a house fire. The homeowner claims for the damage. Product liability may cover legal costs and compensation if the importer is found liable.
Illustrative example only. Cover depends on your policy wording.
Contact us
To quote, we'll ask about:
We're based at Suite 2.02, 2-8 Brookhollow Ave, Norwest NSW. Call 02 8660 2305 or email admin@idealbrokers.com.au.
Ideal Insurance Brokers, Norwest NSW 2153. Ideal Brokers Pty Ltd (CAR No. 001262504 | ABN 65 623 205 952) is a Corporate Authorised Representative of Metrix Connect Pty Ltd ACN 635 286 136 as the trustee for the Metrix Connect Hybrid Trust ABN 55 742 327 931 | AFSL No. 525491. This page contains general information only and does not take into account your objectives, financial situation or needs. Read the Product Disclosure Statement before buying.
Product liability insurance FAQs
Yes. Retailers can be liable for products they sell.
Often they're bundled, but not always. Check your policy.
Sometimes as an extension. It's worth asking.