For companies that manufacture or sell any consumable or topical product for humans, we can provide flexible product recall insurance coverage.
Chubb's Product Recall unit has $5 million in limits available on a primary or excess basis. Additional capacity may be considrered on a case by case basis.
On a primary basis we are focusing on companies with sales up to $1 billion. Companies with sales in excess of $1 billion will be considered with either a high self-insured retention or on an excess basis.
For consumable products (everything ingestible and topical and for human consumption) the target industries are food & beverage companies, cosmetics, tobacco, and pharmaceuticals.
Businesses have 24/7 access to a network of specialized product recall consultants on a post incident basis. Our group of experts are leading industry professionals who are familiar with the regulatory challenges and nuance of the product recall market.
Recall Plus® Consumable Products Application
The base policy wording includes recall costs, consultant costs, and defense costs, and all other coverages can be added on via endorsement.
Please send submissions to: firstname.lastname@example.org