Product Recall

Product recall insurance is an insurance policy that covers when a product is recalled, or needs to be taken off the market for distribution.  This insurance is highly recommended for companies that have a product that could potentially cause harm or safety risks, or  involve food that could be contaminated.  Recalls can be costly because the company would be required to ensure products are removed and disposed of properly as well as being responsible for any damages that may have occurred due to consumer purchasing the product prior to the recall.

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