Who we can help
A closer look at your exposure.
Manufacturers, importers, wholesalers, distributors and businesses bringing products to Canadian and international markets.
A product issue can travel well beyond your own premises. A machine breakdown or supplier loss can also interrupt revenue even when your building is undamaged. Your product use, territories and equipment dependencies matter.
What to discuss with your broker
Property & production equipment
Review replacement values, machinery breakdown, stock fluctuations and specialized equipment.
Products liability
Consider product uses, components, installation, private labelling and the countries where your products are sold.
Business interruption
Review the period needed to rebuild, replace equipment and regain revenue, including key suppliers and customers.
Recall & transit
Discuss product recall expenses, cargo in transit and imported stock; these exposures may need separate protection.
These are areas to consider, not a promise of coverage. Options, exclusions, limits and availability depend on the insurer and your circumstances.
Have a useful first conversation.
If available, have the following information ready. Your broker will tell you what is needed for a formal submission.
- Product list, end uses and annual sales by country
- Premises, building details, equipment values and stock peaks
- Key suppliers, production bottlenecks and continuity plans
- Contracts, quality controls, certifications and loss history
A question worth asking
Are recall costs part of products liability?
Do not assume they are. Liability for injury or damage and the expense of recalling, replacing or withdrawing a product can involve different insurance. Describe the recall scenario you want to address.