Product Recall Insurance

Contaminated Product Insurance or Product Recall Insurance remains a expanding market, driven by clients’ recognition of the need for expanded coverage to meet contractual obligations or safeguard their company brands.

Industries such as food and beverage, cosmetics, pharmaceuticals, packers, and distributors are particularly vulnerable to product contamination, which can occur either accidentally or deliberately through malicious tampering.

Significant expenses may arise from recalling, replacing, or disposing of contaminated products, as well as from efforts to restore customer trust. Long-term costs, including lost profits, brand recovery, and the departure of key customers, can also have a substantial impact on a business’s financial health.

Product Recall Insurance provides cover for recall costs, loss of gross profits and rehabilitation costs following either accidental or malicious contamination (whether actual or threatened).