Most CGL policies do not provide insurance coverage for product recall, but the specialists at Worldwide Facilities offer product recall insurance coverage and peace of mind to your clients before a recall happens.
As insurance industry leaders, we know the right questions to ask so you can provide your client with a product recall insurance quote in a timely manner. Our goal is to work with you to make the process as effortless as possible. We know the markets and the terms/conditions to provide your client with well-constructed, comprehensive insurance coverage.
What can a product recall insurance policy offer?
- Loss of profits due to a recall incident
- Coverage due to a mandated recall
- Rehabilitation expenses/replacement costs
- Critical crisis management services
- Third party liability and loss of gross profit
- Product extortion coverage
- Assistance with governmental agencies, media, and clients during and after a recall event