This package addresses the needs of companies involved in the production or distribution of food and beverage products. It compensates the insured for amounts that they may be legally liable to pay in the form of indemnities relating to injury or material damage to third parties,in cases where the bodily injury or property damage has been caused by products obtained directly from production, manufacturing or primary processing.It relieves the insured from the costs of product withdrawal, notifying the general public, and product destruction, storage or redistribution.

A crucial benefit of product liability insurance is that it minimises, or eliminates, the reputational costs of being associated with a defective product. Indeed, the ability to react to such crises in a timely manner may result in a net gain, rather than a net loss, for a company’s public image.