Products Liability Policy
The demand for products liability insurance has arisen because of the wide variety of products, e.g. canned food stuff, aerated waters, medicines, injections etc., manufactured and sold to the public in the modern industrial society which products, if defective, may cause death, bodily injury or illness or even damage to property. Apart from the goods, the containers too can cause injury or damage. These liabilities are covered under a Products Liability Policy.
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The demand for products liability insurance has arisen because of the wide variety of products, e.g. canned food stuff, aerated waters, medicines, injections etc., manufactured and sold to the public in the modern industrial society which products, if defective, may cause death, bodily injury or illness or even damage to property. Apart from the goods, the containers too can cause injury or damage. These liabilities are covered under a Products Liability Policy.
Insurance Law And Practice - ICSI
Products Liability Insurance Policy
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Tuesday, May 16, 2017
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