Midwest Insurance Group’s Post

Read our latest article: THE POTENTIAL IMPACTS OF A PRODUCT RECALL As a manufacturer, your customers expect you to have safe and reliable products. While you may do everything in your power to ensure your goods are fit for sale, exposures such as design flaws, manufacturing defects, inadequate warnings and unclear instructions can all negatively affect product safety. In the event that one of your products harms a customer or other stakeholder, they may sue your business, possibly leading to costly legal fees and settlements that can easily amount to six figures or more. For further protection, the right insurance policy can be invaluable. For instance, product liability coverage can help protect your company from a variety of liability concerns, even if a defect is caused by an outside supplier. https://lnkd.in/gYE-BWbj #PRODUCTRECALL #MIG-Difference

The Potential Impacts of a Product Recall - Midwest Insurance Group

The Potential Impacts of a Product Recall - Midwest Insurance Group

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