Product Recall
When a company is facing concerns arising from contaminated or defective products, our solutions can help customers avert health hazards and protect their reputation and financial position.
Product Recall Insurance from HDI Global Specialty SE can help to cover against such risks, which can safeguard a company’s future.
Our areas of focus are
- Food and Beverage
- Cosmetics
- Pet Food
- Cannabis
Coverage Highlights
- Product Recall – costs, including the costs of a first party recall and of a third-party recall by the policyholder’s customers or by a government agency.
- Decontamination – redesign and redevelopment costs or consultants’ fees.
- Contingency – reimbursement of manufacturing costs, lost profits and the unrealized profits from a decline in sales.
- Reputation – Costs of advertising activities to counter the threat of a loss of sales.
- Global experience to support clients with a comprehensive understanding of local and cultural issues.
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HDI Global SE backs up its outstanding policy options with one of the most respected groups of insurance professionals in the business. If you would like to know more about our solutions or services, contact the team.