Contaminated Product Liability

What is contaminated product insurance?

In this fast paced world products reach customers in less time and in greater volumes than ever before. To meet rising demands businesses rely on mass production, diverse vendors and suppliers, as well as complex manufacturing processes. Product contamination can occur anywhere in the supply chain and is a prevalent risk for many organizations. Food, drink, cosmetics and other ingestible products are susceptible to accidental or deliberate contamination for political or financial gain. Accidental contamination, malicious product tamper and product extortion can have far reaching implications on the existence of the product and even organization. Disgruntled employees, political and social activism and sabotage can all potentially result in malicious contamination. Considerable costs can be incurred in both recalling and replacing the damaged product as well as in rebuilding public confidence. It is imperative to have a comprehensive cover in place to avert such dangerous situations. Tata AIG General Insurance Company Limited’s Contaminated Product Insurance offers innovative crisis management solutions safeguarding clients against potential recall costs, loss in profits and extortion costs.

Key Features Of Contaminated Product Liability

Key Features policy covers:
  • Accidental Contamination
  • Malicious Tampering
  • Product Extortion

What are the main causes of contamination?

  • nadequate handwashing.
  • cross-contamination.
  • storage and cooking temperatures.
  • contamination of food by animal waste.

What is the most common source of product contamination?

Source:
  • Water Sources. From cleaning and rinsing products, parts and vessels to an essential product ingredient, water is an important production resource for all manufacturers. …
    • Residual Solvents. …
    • Bad Ingredients. …
    • Dirty Production Lines and Human Error.

What are the three contamination hazards?

There are three types of hazards that pose a threat to public health: physical, chemical and biological. Foreign objects such as wood, glass or metal chips from damaged tools or utensils. Accessories worn by food handlers, hair or plasters.

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