Product Recall Insurance

Contaminated Products Insurance offers coverage for recall expenses, loss of gross profits, and rehabilitation costs resulting from both accidental and malicious contamination, whether actual or threatened.

Recent updates to the policy include coverage for adverse publicity and government-mandated recalls. Additionally, crisis management planning and loss prevention services are available and partially funded by the insurance contract. Specialty response consultants will also be provided to offer advice and assist in containing and managing incidents on behalf of the insured.

Cover comprises of four parts:

1. Accidental Contamination
   Accidental or unintentional contamination, impairment or mislabelling of an insured product or any adverse publicity implying such, which occurs during the production process.
2. Malicious Product Tampering
   Any actual, threatened, alleged, intentional, malicious alteration or contamination of an insured product so as to render it unfit or dangerous for its intended use.
3. Product Extortion
   Threat to commit a Product Tampering for the purpose of demanding ransom monies.
4. Governmental Recall
   Food or products can be recalled when it poses a possible pubic health and safety risk to consumers.

What is Covered?

• Pre-Recall Expenses
• Recall Expenses
• Third Party Recall Expenses
• Insured's Loss of Gross Profits
• Increased Cost of Working
• Rehabilitation Costs
• Product Extortion Demand
• Crisis Response Fees
• Adverse Publicity

Contaminated Product Insurance is suitable for manufacturers, processors, distributers and retailers of topical and ingestible products, such as food, beverage, restaurants, cosmetics, pharmaceutical (OTC) and tobacco.