Product Recall

Contaminated Products

Target Classes:

  • Fruits and Vegetables
  • Alcoholic and Non-Alcoholic Beverages
  • Meat, Seafood, Dairy
  • Baked Goods, Snacks and Confectionary
  • Nuts and Tree Nuts
  • Nutraceuticals and Wellness Supplements
  • OTC Products and Pharmaceuticals
  • Cosmetics and Personal Care Products
  • Spices/Flavorings/Colors/Oils/Dressings/Sauces
  • Packaging

Insured Events:

Any of the listed events where there has or would result in Bodily Injury or Property Damage
  • Accidental Contamination (including Mislabeling)
  • Government Recall
  • Packaging Defect
  • Malicious Tampering
  • Product Extortion
  • Adverse Publicity

Covered Losses:

  • Product Recall Expenses
  • Replacement Costs
  • Business Interruption/ Loss of Gross Profit
  • Brand Rehabilitation
  • Regulatory Fines & Penalties
  • Extortion & Threat Response Costs
  • Crisis Consultant Costs
  • Investigation Costs

Additional Coverages:

(Including but not limited to:)
  • Intentionally Impaired Ingredients
  • Product Refusal with or without Loss of Gross Profit
  • Extraneous Foreign Material (Pesticides, Pest Infestation, Mold, Plastics, Metal, Etc.)
  • Manufacturers Errors and Omissions
  • Consumer Goods Extension
  • False Positive
  • Border Rejection or Quarantine
  • Unsubstantiated Recall Costs
  • Third Party Recall Damages

Product Defect

Target Classes:

Component Parts

  • Automotive
  • Aerospace
  • Industrial
  • Electrical

Consumer Goods

  • Medical Devices, Electronics
  • Brown Goods and White Goods
  • Packaging Manufacturers
  • Clothing, Sports Equipment, Furniture, Outdoor Goods

Insured Events:

Any of the listed events where there has or would result in Bodily Injury, Property Damage, or Impaired Property
  • Manufacturing Defect
  • Adverse Publicity
  • Malicious Tampering
  • Product Extortion
  • Government Recall

Covered Losses:

  • Crisis Consultant Costs
  • Business Interruption Expense
  • Product Extortion Costs
  • Investigation Costs
  • Recall Costs
  • Rehabilitation Expenses
  • Replacement Costs
  • Defense Costs

Additional Coverages:

(Including but not limited to:)
  • Third Party Recall Damages
  • Unsubstantiated Recall Costs
  • Manufacturers Error & Omissions

Summary:

  • Ability to write Primary, Quota Share, and Excess Positions
  • Line Sizes up $10,000,000
  • $25,000 Minimum Self-Insured Retention
  • Minimum Premium: $15,000
  • Crisis Consultant Pre-Incident Funds available to client
  • Worldwide Coverage

Issuing Company: Upland Specialty Insurance Company
AM Best Rating: A-VIII