Product Liability Insurance
Product liability insurance protects the business from claims related to the manufacture or sale of products, food, medicines or other goods to the public. It covers the manufacturer's or seller's liability for losses or injuries to a buyer, user or bystander caused by a defect or malfunction of the product, and, in some instances, a defective design or a failure to warn. When it is part of a commercial general liability policy, the coverage is sometimes called products-completed operations insurance.
To understand the need for this coverage it is critical to understand the potential liability. There are generally three types of products "claims" a company may face:
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Homeowners insurance
Protect your house and your possessions with homeowners insurance. Homeowners insurance compensates you for losses to your home and your possessions inside it, so purchasing a homeowners insurance policy provides added security for your investment.
Auto Insurance
Don't know which way to turn for car insurance? Not sure what company best fits your needs? We can help. Our agency specializes in working with companies that can help a wide range of drivers and driving histories, companies that have you in mind.
Health Insurance
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Commercial Insurance
f you are a small business owner, chances are you have a lot on your mind. Thomas J. Unik insurance understands you need to protect your assets and has a solution for you. A Businessowners Policy gives you the protection you need in one easy-to-understand policy.
Business Insurance
You’ve invested a lot of time, money and sweat in your small business, so it makes sense to protect that investment with smart insurance coverage. In fact, business insurance should be an essential part of your business operations – a necessity for safeguarding your business assets, your employees and your livelihood.
Product liability insurance
Product liability insurance protects the business from claims related to the manufacture or sale of products, food, medicines or other goods to the public.
Professional liability insurance
Professional liability insurance protects your business assets from claims that may result from advice, expertise or professional services you provide.