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Requirement of product liability insurance in business

18 May 2023 Category: Business Insurance

Why Does Your Business Need Product Liability Insurance?

Product liability insurance is essential coverage for businesses that manufacture, distribute, or sell products. It provides protection against claims arising from bodily injury, property damage, and other losses caused by a defective product. If you’re a business owner, it’s important to consider whether your operations require this type of insurance and what it covers. In this article, we’ll discuss what product liability insurance covers, how much it costs, and how to obtain it. What Product Liability Insurance Covers Product liability insurance provides coverage for claims related to defective products. This […]
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