One of the most serious risks for a company is causing harm to life, health, or property of third parties due to the use of the manufacturer’s products or goods. This situation gave rise to product liability insurance. This type of insurance is essential for manufacturers, service providers, and sellers who are responsible for the quality of the final result or product of their business activity.
Entering into an insurance contract allows you to avoid covering losses out of your own funds for harm caused to the life or health of clients or third parties while consuming your products.
Benefits of insurance with PJSC "Prestige Company":
- ability to choose the insurance amount, risks, policy options, and duration;
- free informational support on any issues related to insurance and actions in case of an insured event.
Contact our specialists for consultation and to arrange an insurance contract with the best conditions tailored to you.
Who can be policyholder?
A legal entity or individual entrepreneur who is a subject of business activity, created and registered in accordance with the current legislation of Ukraine.
What is an insured event?
The occurrence of the policyholder’s liability to compensate for damage caused to life and health of third parties as a result of consumption of defective products.
What is the insurance amount?
The insurance amount is agreed upon by the parties within the limit of the annual sales volume
How much does the insurance contract cost?
The insurance rate ranges from 0.25% to 3% of the insured amount. Key pricing factors include the type of business activity, the list of insured risks, insurance amount, deductible, and other factors.
What is the contract term?
The insurance contract is valid for up to 1 year.
What is the territorial coverage?
The territory is defined in the insurance contract.
Is a deductible included?
The deductible is set by mutual agreement, either as a percentage of the insured amount or as a fixed sum.
Information about the insurance product and the insurer is available at:
https://prestige-ic.com.ua/ua/help-to-client/insurance-products/
Information about PJSC "Prestige Company" is available at:
https://prestige-ic.com.ua/storage/other/Pro_kompaniyu_as_intermediary_2025_03_10.pdf
You can also contact our specialists by phone or submit a request on the website.