One of the serious risks for the enterprise is the infliction of bodily or property damage to third parties due to the use of products, goods of manufacturers. This situation led to the emergence of producer liability insurance for product quality.
Conclusion of an insurance contract will give you the opportunity not to compensate at your own expense for damages caused to the life and health of customers or third parties during their consumption of your products.
Who can act as an insured?
A legal and natural person - an entrepreneur, which is the subject of entrepreneurial activity, was created and registered in accordance with the procedure provided for by the current legislation of Ukraine.
What is an insured event?
Onset of liability of the insured to reimburse costs for damage caused to life and health of third parties due to the consumption of low-quality products of the insured..
What is the sum insured?
The insurance amount is set by agreement of the parties within the annual amount of sales.
How much is the insurance contract?
The insurance tariff is from 0.1% of the insured amount.
For what period can an insurance contract be concluded?
The insurance contract is concluded for a period of up to 1 year.
The territory of the agreement?
The territory is defined in the insurance contract.
Is there a franchise in the contract?
The deductible is set by agreement of the parties as a percentage of the sum insured or in absolute monetary value.