Product Liability Insurance
Product Liability insurance has gained significant importance in India following the Consumer Protection Act, 2019, which introduced a dedicated product liability chapter for the first time. The law holds manufacturers, product sellers, and product service providers liable for harm caused by defective products, manufacturing defects, design defects, or inadequate warnings. Indian manufacturers exporting to litigious markets like the US and EU have long purchased product liability cover, but domestic demand is now surging. The policy covers legal defence costs, settlements, and judgments arising from third-party claims of bodily injury or property damage caused by products manufactured, sold, or distributed by the insured. Industries like pharmaceuticals, food processing, automotive components, chemicals, and consumer goods are primary buyers.
Key features
- Covers bodily injury and property damage from defective products
- Defence costs and legal expenses included
- Covers manufacturing, design, and warning defects
- Product recall expense extension available
- Worldwide jurisdiction options for exporters
- Aligned with Consumer Protection Act, 2019 requirements
City coverage guides
Product liability insurance for Mumbai manufacturers and distributors. Cover defective product claims from FMCG, pharma & textile sectors. Sarvada helps.
Product liability insurance for Delhi manufacturers and distributors. Cover claims from defective goods across NCR's consumer and industrial markets.
Product liability insurance for Bangalore manufacturers and tech companies. Cover claims from defective products, software, and hardware failures.
Product liability insurance for Chennai manufacturers and exporters. Covers defective product claims, recalls, and legal defence for auto and industrial goods.
Product liability insurance in Hyderabad for pharma, manufacturing, and consumer goods companies. Cover defect claims and recalls. Speak with Sarvada.
Product liability insurance for Pune manufacturers and exporters. Covers claims from defective auto components, consumer goods, and industrial products.
Protect Kolkata manufacturers and distributors from product defect claims. Covers bodily injury, property damage, and recall costs.
Product liability insurance for Ahmedabad manufacturers. Covers claims from defective textiles, chemicals, auto components, and food products causing harm to users.
Product liability insurance in Surat for textile manufacturers, diamond exporters, food processors, and chemical producers. Cover defective-product claims.
Product liability insurance for Jaipur manufacturers and exporters. Protect jewellery, textile, food, and handicraft businesses against defective product claims.
Product liability insurance in Lucknow for manufacturers, food processors, and exporters. Cover claims from defective products causing harm.
Product liability insurance in Kochi for seafood exporters, spice manufacturers, rubber processors, and consumer goods companies. Cover defect claims.
Common market labels
Related Insurance Types
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