Provides insurance coverage for losses arising from claims of third parties who suffer losses (bodily injury and / or damage to property) caused by the activities of the insured.
Provides insurance coverage for losses arising from claims of third parties who suffer losses (bodily injury and / or damage to property) caused by the activities of the insured. Tugu Insurance’s Liability Insurance products include:
- Product Liability Insurance
With more than 36 years of experience as a trusted insurance company, we provide protection needs. Product Liability Insurance protects your business if a user suffers a loss due to an error product that you sell, including legal responsibility for providing compensation & litigation costs. This makes Product Liability Insurance an important part of protecting your business.
To get an explanation of Product Liability Insurance that is more appropriate for your needs, please contact us.
What is guaranteed:
Guarantee the legal obligation of the insured to third parties in connection with bodily injury and/or property damage caused by the product of the insured.
Companies that use this product:
- Manufacturing company
- Distribution Company
- Retail company
This policy does not cover losses which are caused by:
- Repair, recondition, modify or replace any or any part of any product that turns out or is suspected to be defective
- Product warranty
- Withdrawal product
- Any kind of consequential losses suffered by the insured
- Violation of registered plan, copyright, patent, trade name, trademark or design rights