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Jul 18, 2008

Who is entitled to Product Liability insurance?

Manufacturers of products like biscuits, food drinks, engineering goods, medicines, etc are entitled for Product Liability insurance. The manufacturers have to be very careful in preparing them. In case they fail in their duty carelessly, they have to pay the compensation for the consequences because of defective products that will cause loss of life and damage to property. This responsibility of the manufacturers is covered under the Product Liability policy.
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