Prince Edward Island Manufacturers Insurance
In common law, a consumer of goods has a right to expect that they are safe for use. When the use of defective products results in injury or damage a consumer has the right to commence a legal action for damages.
As the owner of a manufacturing business, each product that you produce represents you. You take actions to minimize or reduce risk of loss from your product, the entire company is committed to quality assurance of your product however once it gets sold you can't control how it is used and the liability stays with you. Peake & McInnis Ltd. can help!
Lawsuits can come from every department of your company , the majority of product liability suits are due to defective design, faulty production, improper assembly, improper packaging or warnings or inadequate instructions relating to the products use. As can be seen you need to anticipate the entire product life cycle while it is in your control internally and when it has left your control externally.
Peake & McInnis Ltd knows you know you need a good quality control and risk management program for your operations and a major part of that plan should be a good Manufacturers product liability policy from Peake & McInnis Ltd.
Manufacturing Insurance in Prince Edward Island incorporates Liability Insurance to shield you from product liability lawsuits and can also include the following coverage features:
- Equipment Breakdown
- Property Protection
- Business Interruption
- Umbrella Liability
- Product Recall
Here are two reasons to get started right now!
- The sooner you begin, the sooner your business will be fully protected and that you can properly incorporate the cost into your pricing.
- It's easy! Simply fill out this form and we'll get back to you with a no-risk quote on a Manufacturers Insurance policy designed specifically for your needs.
Peake & McInnis have been providing Islanders with the most current and comprehensive Manufacturing Insurance policies, packages and rates on Prince Edward Island since 1912. We have the experience and perspective to provide an insurance solution for the novice or experienced buyer. Our competent and proficient staff are prepared to answer your questions and concerns with a sincere and personal approach.