A product is the subject of product liability insurance; defined in the standard Insurance Services...
Product recall is a type of insurance coverage for the cost of getting a defective product back under the control of the manufacturer or merchandiser that would be responsible for possible bodily injury (BI) or property damage (PD) from its continued use or existence.
Standard product liability insurance does not cover this exposure due to the "sistership liability exclusion."
A product is the subject of product liability insurance; defined in the standard Insurance Services...