Product Liability and Recall Insurance

Liability Insurance

Manufacturers, Wholesalers, Distributors (Distributors) or Retailers are responsible before national and international laws for any material and physical damage caused by defective products reaching the consumer. Physical and material compensations that are legally liable to pay as a result of damages incurred by third parties due to defective/defective products are covered by product liability insurance.  

With the product recall guarantee, which can be obtained in addition to the product liability guarantee, the costs of the products being collected back from the market due to material and physical damages that may occur due to accidental deterioration, falsification, label errors, design errors that occur during the production, distribution or packaging of the products are covered. In order to use the product recall guarantee, the products to be recalled must be defective/defective goods.