Products Liability
Protect you and your business.
What is Products Liability insurance?
This policy protects you as the Manufacturer, Supplier or Distributor of the insured products.
It provides cover for
- Bodily injury or property damage arising out of products manufactured, sold or distributed by your company or by others trading under your company’s name
- Claims arising from defective manufacturer, incorrect labeling, erroneous instructions, inadequate warnings or defective packing materials
We have your business covered. Take a look.
Here is an overview of what you are covered for.
Products Liability
You are covered for
- Bodily injury to third party
- Property damage to third party
arising out of products manufactured, sold or distributed by your company or by others trading under your company’s name
How much is the premium?
Your premium may vary, depending on
- Risk exposure
- Our underwriting requirements
What we don’t cover
- Aircraft products
- Asbestos
- Contractual liability
- Damage to impaired property or property not physically insured
- Damage to property
- Damage to your products
- Expected or intended Injury
- Fines, penalties, punitive & exemplary damages
- Nuclear energy
- Personal injury
- Pollution
- Professional liability
- Recall of products or impaired property
- War
- Terrorism
- Product guarantee/warranty
This list is non-exhaustive. Please refer to the sample policy contract for the full list of exclusions under this policy.
Please read this important information
This plan is underwritten by Tokio Marine Insurans (Malaysia) Berhad. All benefits and features mentioned herein are subject to terms and conditions of the policy. It is In your best interest to refer to the Policy Contract for the precise terms and conditions of this insurance plan. The information shown here is for reference only and is accurate as at 30 June 2012.
Note: Take confidence in the fact that this policy will deliver the coverage that best serves your needs. You should read and understand the insurance policy and discuss it with your agent. Or, feel free to contact us directly for more information.