Product liability covers consequential damage to third parties. A recall insurance covers your own costs to recall products and manage the crisis.
A product that turns out to be contaminated, polluted, or unsafe can have major consequences for your business. You must recall products, inform customers, halt production, and minimize reputational damage.
The recall and contamination insurance protects your company against the financial impactof a product recall or contamination.
The recall and contamination insurance covers the costs and damages that arise when a product has to be withdrawn from the market, including due to:
It’s not just about liability towards third parties, but also about your own costs to manage the crisis.
This insurance is especially relevant in sectors where food safety, product quality, and consumer protection are crucial.
This insurance may provide coverage for the following costs and consequences, among others:
Costs for recalling products from the market.
Destruction, replacement, and transport of contaminated goods.
Business interruption due to production stoppage after contamination.
Crisis management and communication costs in case of reputational damage.
This insurance is particularly important for businesses in:
Companies in the supply chain can also be held liable for recalls in case of contamination or product defects.
Van Dessel analyzes your insurance risks within the production chain and advises you on a coverage tailored to your company.
The premium is determined based on:
For example, a food producer with international distribution will have a different risk profile than a local producer.
Van Dessel works together with specialized insurers and provides an insurance solution tailored to your production process.
a tailor-made partner
We start from your specific situation and take the time to thoroughly understand your risks, needs, and objectives. This way, you receive advice and guidance tailored to your business and everyday practice.
already 80 years in insurance
Thanks to our years of experience, we analyze your risks and insurance needs with a broad perspective. We provide a well-thought-out approach, clear solutions, and the right protection for your business.
beyond standard insurance
No standard formulas, but solutions tailored to your activities and challenges. From analysis and implementation to support in case of claims: we provide an approach that works in practice.
We analyze your activities, contractual obligations, and risks. You will receive a clear, tailored proposal for your business.
Request a quote without obligation or contact us for personal advice.
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