Perfect for ANYONE WHO PRODUCES OR SUPPLIES A TANGIBLE PRODUCT- who can purchase coverage on-demand for damages caused to a third-party, due to a fault in the product or its label. At an affordable price. Only when they need it.
Everybody gains!
- Anyone who provides a tangible product is covered for any harm caused by the product they produce or supply. With affordable coverage they can purchase on demand from the online platform they are registered on. Only when they need it.
- The online platform gets to offer a great additional service, increase revenue and improve their reputation.
Unfortunately, the cream she used to make one of her batches was spoiled. Her customers suffer from stomach poisoning and sue her for medical expenses. Luckily enough, she is covered by the product liability insurance that she purchased at a low fee for this specific delivery from the online platform. Medical expenses are covered with no extra costs for Linda!
One of his customers suffers an injury from a faulty buckle that is sewn into the backpack and needs stitches. Luckily enough, his medical expenses are covered by product liability insurance that Daniel purchased at a reasonable fee from the online platform.
No extra expenses for Daniel!
No extra expenses for Daniel!
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What about physical damage caused to the body or property of a third party due to negligence?