Protection intended for manufacturer and distributors of a wide variety of finished products as well as components and ingredients. The preferred market segments are accounts with annual sales of less than $700 million. Classes of business include food & beverage, medical, pharmaceutical, consumer and industrial products.
Limits to $25,000,000 |
Product Recall incidents are on the rise and the expectation is more industries will
be affected in the months to come. Recalls do not favor any one industry. Food
and drink, pharmaceutical products and over-the counter remedies, consumer
goods (toys, office products) and industrial products are all susceptible.
Do you have your company properly covered? Have you discussed the financial
ramifications of a recall? Recalls can have a devastating impact
on a company’s financial statement, with many companies never recovering from
the effects.
Crane can assist in providing a program that meets your
individual needs. We will work with you to find the right solution for your
client. Don’t wait until it is too late.
Talk to your broker today.
Products Recall May Be Voluntary or Involuntary but they are always very costly
Recalls and Produt Safety News US Consumer Product Safety Comission
Crane Insurance
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