Image loss insurance helps companies prevent losses from product recall, accidental or intentional product contamination, and covers the entire production chain stage, whether from a producer, manufacturing and processing industry companies, dealers or retailers.
This type of insurance covers costs associated with all phases of the production process, including transportation, storage, repair and replacement of contaminated products, as well as expenses with eventual compensation to clients affected by the products to be collected.
The taking out of coverage for this risk allows your company to minimize the losses arising from the recall of contaminated products and damage to the image of your company.
Losses subject to coverage:
- Decommissioning costs (RECALL);
- Product replacement costs;
- Product redistribution costs;
- Business interruption costs;
- Extra expenses;
- Recovery costs;
- Consultant and marketing advisory costs;