Product Recall Insurance

Protecting Your Business from the Cost of a Recall

Even the best products can sometimes have flaws or issues that require a recall. A product recall can be both costly and damaging to your reputation, but with the right Product Recall Insurance, your business can be financially protected in case of unforeseen issues.

At Hastings Insurance, we arrange Product Recall Insurance tailored to meet the needs of businesses across various industries. Whether you manufacture goods, distribute products, or sell directly to consumers, our policies help ensure that you can respond swiftly and effectively to a product recall situation, minimising financial losses and damage to your brand.

Who Needs Product Recall Insurance?

This policy is vital for any business involved in the manufacture, distribution, or sale of products, including but not limited to:

Manufacturers – Protect your business if a defect in your product requires a recall
Wholesalers & Distributors – Safeguard against the financial consequences of a recall impacting your stock
Retailers – Cover the cost of returning or replacing products sold to customers
Food & Beverage – Essential for businesses in the food industry, where recalls are more common due to health and safety regulations
Electronics & Appliances – Protects businesses involved in manufacturing or selling consumer electronics

What Does Product Recall Insurance Cover?

We arrange Product Recall Insurance that may include a range of coverages, such as:

Recall Costs – Covers the cost of retrieving faulty or unsafe products from the market
Replacement Costs – Pays for the cost of replacing recalled products with safe alternatives
Legal Fees – Covers the costs of legal defence and settlements in case of lawsuits resulting from the recall
Reputation Management – Helps manage the PR and marketing efforts to restore consumer confidence
Transport & Disposal Costs – Pays for the cost of transporting and safely disposing of recalled products
Business Interruption – Covers lost income or extra expenses incurred while the recall is being managed

Why Choose Hastings Insurance?

Experienced Team

We have an experienced team with deep knowledge of the Insurance market and can tailor policies to your needs.

Wide Market Access & Bespoke Insurance Solutions

We work with leading insurers in Ireland and Internationally to secure competitive cover and we tailor every policy is to match your specific needs.

Trusted Advice

With a reputation for reliability, we work with top insurers to provide you with high-quality coverage and support.

Get the Protection Your Business Needs

A product recall need not mean financial ruin for your business. Hastings Insurance can help to provide you with protection for when an unexpected event occurs. Contact us today to learn more and receive a tailored quote for your product recall insurance.

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