Product Liability Insurance

Product liability insurance is designed for businesses who are involved in the production, supply of sale of products.
It helps protect against claims of personal injury or property damage that a third party suffers (or claims to have suffered) as a result of your business’s product.
In real terms, this means that if someone suffers an injury, or their property is damaged due to a fault in your product, they may take legal action against your business to recover their loss. Product liability insurance is designed to help protect your business from goods manufactured, whole or items that form part of a larger product, that may cause injury or damage to third parties.
Product liability insurance only covers claims made by external parties, not those made by your own employees. If you sell or supply products to customers, it is important to protect your business against claims that could arise from these products. It is best to look at a combined Products and Public Liability policy to ensure their uninsured exposures.
Who needs Product Liability Insurance?
Product liability insurance is recommended for any business that is involved in the production, supply or sale of products. No matter what type of product that is, there’s always the potential for something to go wrong.
What does Product Liability Insurance typically cover?
Legal Liability
Damages you’re legally responsible to pay, as decided by a court, as well as the other party’s costs, for damage to someone’s property and personal injury to a third party arising from products sold by your business.
Legal Costs
Your legal costs are covered, subject to policy terms, even if a court decides you’re not responsible for the allegation.
Why choose Aon for Product Liability Insurance?
Aon is committed to making life easier for small and medium business owners with insurance that’s easy to understand, buy and manage. If you’re a small business owner, your job is anything but small, so when it comes to protecting your business with the right cover, it helps to have an expert on your side.
Contact us

Learn more about Environmental Impairment Liability Insurance

Learn more about Product Recall

Learn more about Product Liability Insurance

Learn more about Public Liability Insurance