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What is product liability insurance?

Product liability insurance protects UK businesses from legal claims and financial losses when their products cause injury, damage, or harm to customers or third parties, covering legal costs, compensation payments, and defence expenses that could otherwise threaten your business's financial stability.

What is product liability insurance? - GoForma Business Resources | UK Accountants & Tax Advisors
This article is part of our Online Accountant Services guide, your essential resource for understanding the basics. Need it done for you? GoForma offers fixed-fee accounting packages.

Product liability insurance is designed to cover legal and compensation costs that are incurred when an individual is injured, or if their property is damaged by your product.



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