Products Liability and Products Recall for Manufacturers

Overview

Products liability is the legal responsibility of manufacturers and sellers to compensate for injuries or damage caused by their products, extending to component manufacturers, assemblers, wholesalers, and retailers. This course helps manufacturers and insurance representatives recognize and address products liability and recall exposures.

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License or Certification 

 

Regulator 

 

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Objectives

  • Recognize the relationship between products liability insurance and product recall insurance
  • Identify the bases on which products liability and product recall claims can be made
  • Identify the sources of coverage for products liability and product recall
  • Identify the impact of coverage triggers
  • Recognize common coverage gaps concerning products liability in primary and excess insurance policies and how to address

Designed For:

Property and casualty insurance professionals


International Risk Management Institute, Inc. (IRMI) is the premier provider of risk and insurance continuing education and reference publications, and is considered the ultimate authority by leading insurance practitioners. Written by industry experts, IRMI courses provide the most up-to-date, practical and reliable information possible.

Course Information

Adding additional credit may change exam requirements.