Product Recall

Products Product Recall

Product recalls are on the rise in many industries, including food production, pharmaceuticals, automotive, and consumer goods. Because of this, recall and contamination insurance are essential to business stability. RPS covers voluntary recall due to inadvertent or unintentional contamination, deficiency or mislabeling; malicious product tampering; reputational damage; product extortion; and government recall.

Coverage Highlights include:

  • First & Third Party Recall Costs
  • Replacement Costs
  • Consultant Costs
  • PLUS Endorsement - Loss of Gross Profit
  • Extra Expense
  • Rehabilitation Expenses or Consequential Loss (Third Party)

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Knowledge Center

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How 3D Printing Is Changing the Manufacturing Industry

Additive manufacturing, also known as 3D Printing (3DP), is a rapidly developing and exciting technology and is having a significant impact on various…

The Importance of Product Recall Insurance for Manufacturers

From GM’s recall of 2.6 million cars due to its faulty ignition switch to the massive recall of flawed Takata airbags, Niagra Water’s recall of its 14…

RPS Navigator - Spring 2015

In this issue:

  • State Of The Property Market by James Rozzi
  • What You Always Wanted To Know About Ocean Cargo Coverage But Were Afraid To Ask by Jac…