A product recall is when manufacturers remove entire batches of products from customers or marketplaces. These are damaged, unsafe goods and any consumer who has used them is eligible to receive compensation. Product recalls are very important to buyers because unsafe products can kill or harm …
Business Insurance
Is Product Recall Insurance The Same As Product Liability?
Global consumer standards are compelling businesses to acquire product recall insurance to continue their operations without any hindrances or delays. Product recall insurance covers the cost of sending a defective product back to the manufacturer or merchandiser. In this case, the defective …
What Types of Events Are Covered By Cancellation Insurance?
A big part of planning an event is anticipating potential problems and addressing them. For some events, this might mean choosing a date for an outdoor gathering that is unlikely to be rainy or sending out save-the-date cards well in advance to avoid scheduling conflicts for guests. However, there …
What Is eSports Insurance?
Electronic sports, or eSports, began as an underground activity but has quickly grown into a major industry. This form of competitive video gaming involving people playing against each other at in-person events or online for prizes has a significant fan base around the world, a host of professional …
Why Does A Cannabis Cultivator Need Property Insurance?
Why does a cannabis cultivator need property insurance? Finding the right insurance policy for a cannabis cultivator is imperative to ensure compliance with state laws and ensure ideal business practices. The laws can be confusing with many grey areas since, on a federal level, cannabis is still …
Why Do Cannabis Cultivators Need Property Insurance?
Finding the right insurance policy for cannabis cultivators is imperative to ensure compliance with state laws and ensure ideal business practices. The laws can be confusing with many grey areas since, on a federal level, cannabis is still considered illegal. Insurance is one requirement that many …