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⍰ ASK What is product liability insurance, and when is it necessary for businesses in the UK?

Product liability insurance is there to help UK businesses when their products cause problems. This insurance covers the costs of legal claims and compensation from others if they get hurt or have losses because of a faulty product.

Its a must for businesses in the UK, especially those making, selling, or distributing physical things. This insurance is important when a company's products could potentially harm people or things. Laws in the UK make businesses responsible for their products safety.

Even with strict quality checks, unexpected problems can happen. That's why having product liability insurance is crucial it helps with the money side of legal claims, settlements, and defense costs.
 

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