Costly errors can have serious consequences

Product liability insurance is indispensable for manufacturers

Manufacturers of end products are liable for errors if they cause consequential damage. This is equally true if the actual error was caused by a preliminary product. This risk is generally protected by supplementary cover within the product liability insurance in German-speaking countries. However, only the client's damage claims are insured and not, for example, the additional delivery of a faultless product. Another drawback of German product liability insurance are the customary franchises.

More security is possible

Policy holders can get significantly better terms than in their respective national German-speaking country if they look around the international market, and the Anglo-American market in particular. As international brokers, Insurance 1 can open the door for you to the global world of insurance. In a globalised world, it pays to look beyond a national perspective.