Liberty International Underwriters has rolled out a combined public and products liability cover for medical devices, complementary medicines, and cosmetics, including first and third-party recall expenses.
The new offering was specifically designed for companies operating in research, development, and manufacture of medical products, and is ideally suited for companies that sell and/or distribute medical equipment and machinery, medical and surgical devices, complementary medicine such as vitamins and aromatherapy products, and cosmetics, including hair and skin care products.
In addition to the liability offering, clients can also take up extensive protection in the event of a product recall with LIU's PRplus product recall coverage, which includes replacement, refund and repair costs plus business interruption cover.
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