What is product liability insurance?

Product liability insurance covers a business when they sell, supply or deliver goods that may cause injury, death or damage. Such insurance covers the business if there is a failure with the product that results in an injury.

For example, if a chair is supplied to a business and a customer sits on the chair and the chair collapses as a result of poor manufacturing then a claim would be made under the business’ product liability insurance against the manufacture of the chair.