Contaminated products pose danger not only to consumers, but also to the businesses offering these—which could result in revenue losses and damage to reputation.
Prudential Guarantee and Assurance, Inc.’s (PGAI) response to this is the Product Contamination Insurance, a comprehensive insurance package with flexible protection modules catering to customized business needs. This policy safeguards companies belonging in the food and beverage industry against unforeseen consequences of product recalls, which may include public or silent, first- or third-party, and voluntary or government-ordered recalls. The insurance package covers costs arising directly or indirectly from recalls caused by defects and/or tampering.
Also covered are financial obligations which may come as a result of intentional or unintentional product contamination.
For inquiries please call PGAI at (02) 8 477-7242 / 8 651 -9500 / 8 878-3000.