Crisis Management / Product Recall

Contaminated Products Insurance is typically used to insure clients within the food, beverage, cosmetic and pharmaceutical industries. Insured events include accidental contamination, malicious product tampering and product extortion. Covered losses extend to recall costs, consultant costs, loss of gross profit, rehabilitation expenses, extortion monies and replacement of product.

Product Recall – Losses incurred as a result of the recall of an insured product from a distributor, purchaser or user of such product which occurs as a result of the specified events