PRODUCT LIABILITY
What is Product Liability?A product liability policy provides indemnity to the Insured against legal liability to pay for damages and/or Injury arising out of any defect in the products manufactured and covered under the policy.“Product” means any tangible good or property, after it has left the custody and control of the insured, which has been designed, specified, formulated, treated, serviced, altered or repaired by or on behalf of the insured.“Damage” means physical loss or damage to tangible Property.“Injury” means death, bodily injury, illness or disease of or to any person. Scope of Cover -This policy indemnifies the insured against legal liabilities to:pay compensation including claimant’s cost, fees and expenses in accordance with the laws of the country. Arising out of injury, da...










