Product Liability Claims: A Pocket Guide To Risk Prevention

Whether it’s a car, candy bar, toy, or television, most products will usually have undergone several rounds of development and testing to ensure they meet quality standards before entering the hands of consumers.

While product safety certifications and quality assurance seals play a vital role in reducing the risk of faulty and/or dangerous products entering the market, claims do still arise.

This article sets out practical questions insurers can ask to help mitigate product liability risk exposures and to help prevent untoward incidents occurring in the first place.

Most of us will have encountered a sub-standard product at some point in our lives. Often the issues are inconsequential (such as finding a bug inside a jar of peanut butter), but complex cases do arise with serious outcomes for those involved.