Your business insurance needs will depend on several factors and understanding it all can be complex and time consuming. One thing you can’t afford is to put your business at risk by choosing the wrong type of insurance. A professional Insurance Broker like Edge has the knowledge and expertise to identify what the most appropriate cover is for your needs and will take the time to explore and explain your options to you.

Not only do we ease the stress and deliver peace of mind, but we find you the most appropriate cover at the right price. We provide guidance when you need it and we accurately present your risk, understand your needs, as well as study the market, the covers available, the differences between the insurance providers, and what the implications of those differences are for you. We also deal with your claims on your behalf.

You’re not legally required to hold product liability insurance, but as a seller, supplier or manufacturer, you do have a duty of care towards your customers. If your product causes injury or damage to a customer or their property, you could end up facing legal action.

Manufacturers, distributors, suppliers and retailers could all be liable if a product or a component part causes injury or damage.

The cost of product liability insurance will depend on: the type of product, Volume of sales, your role in the process, territory involved, Policy limit of liability, Policy deductibles, your professional experience. If you want to find out the price of adding public and product liability to your Business Insurance Policies, speak to one of our advisors and answer a few questions about the work you do and we would be happy to give you a rundown of the cover we require.