Crump/Tri-City Brokerage Product Recall insurance offers protection in the event of the recall of an insured’s product, including product defect. Product recalls may be voluntary or involuntary and can be very complex – and costly. Most companies do not have the luxury of an in-house team to deal with these situations. Fortunately, comprehensive insurance is available and provides coverage to mitigate most product recall impacts.
Available Products
- Product Recall Coverage including product recall expenses and third party liability
Eligible Classes
- Food and Beverage
- Component parts, all industries
- Manufacturing
Product Highlights
- Crisis Prevention Tools and Education
- Loss control for quality and testing
- Complete QA Program services
- Crisis Management consultation and Services
- Cost to refund, repair or replace product
- Loss of income up to 12 months
Parameters
- We can tailor limits to the individual risk
Excluded Classes
- Auto Parts
- Pharmaceuticals
Availability
- Nationwide, with protection worldwide
The One-Crump
Crump/Tri-City is one of the few wholesale brokers with extensive product recall coverage expertise. We guide you through the critical components of these scenarios to ensure your client is fully educated and aware of his/her options. Imagine what One Crump can do for you.
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