keyboard_backspaceBack to main blog page

Russell Bond & Co.

Russell Bond & Co. operates as a managing general agency and surplus lines insurance broker. We recognize the need to earn your business and are committed to delivering the type of added value our clients have come to expect from us since 1950.

The Products Recall Coverage You Need

Jim Chojnacki Jim Chojnacki , 10/17/2016
This content has not been rated yet.

Problem Solving is What We Do.
Call Us To Discuss your Next Hard to Place Risk!
Products Recall
Thousands of products are recalled every year. Brand and reputation management has never been more critical. To avoid potential disaster, organizations are looking to crisis management insurance products such as Products Recall coverage.

Recalls can be complex and expensive. An effective recall policy provides a company the valuable opportunity to reinforce their commitment to safety, quality and service. The Products Recall policy provides services to help the insured respond quickly and effectively to protect their brand name. Base coverage includes recall costs, defense costs and consultant costs. Consultant costs include pre-incident training, recall plan preparation, recall procedure testing. Three distinct policies are available:

Consumable Products
- Industries including food and beverage companies, cosmetics and pharmaceuticals. Insured events:
  • Accidental contamination
  • Malicious tampering
Consumer Goods - Finished products in the area of appliances, electronics, clothes, furniture, household, children's products, outdoor goods, sports & exercise equipment. Insured events:
  • Defect of product resulting in, or would result in, BI / PD
Component Parts - Parts used in general manufacturing, electronic, medical device, automotive and aviation industry. Insured events:
  • Product use resulted in Bodily Injury (BI) / Physical Damage (PD)
  • Imminent danger of BI / PD
  • Impaired Property
Post incident costs include public reactions services, assistance dealing with regulators and forensic research into root cause of incident.
Don't let one incident tarnish what took years to build!
Call Tony or Barbara at 800-333-7226
Tony Ambrose, ext. 143
aambrose@RussellBond.com
Barbara Simpson, ext. 241
bsimpson@@RussellBond.com
Applications available for Consumable Products,
Consumer Goods and Component Parts.
"A Wholesale Insurance Broker unlike any other…"

66 Years
1950 - 2016
866 Ellicott Square Bldg. | 295 Main Street | Buffalo | NY | 14203
1670 Whitehorse - Hamilton Square Road | Hamilton | NJ | 08690
Hampton Ponds Plaza #12 | 1029 North Road | Westfield | MA | 01085
800.333.7226 | www.RussellBond.com | Fax: 800.677.6779