If your products are exported to overseas markets, any issue involving product design, manufacturing, packaging, warning labels or usage instructions may lead to a products liability claim.

Wickfield Insurance Brokers Limited can help businesses with a Hong Kong company or branch arrange suitable products liability insurance, helping reduce legal and compensation risks and supporting stable business operations.

Why Products Liability Insurance Matters?

International buyers and overseas contracts often require suppliers to carry products liability insurance, especially for products sold into the United States, Europe and other higher-risk jurisdictions.

Insurance not only helps protect your business from unexpected claims, but also reduces the financial pressure arising from legal disputes, product recalls and compensation costs, allowing your company to operate with greater confidence.

Key Coverage

This insurance is designed to cover claims arising from product defects or related issues, including:

• Manufacturing defects.
• Packaging errors.
• Design defects.
• Inadequate or incorrect warning labels.
• Incorrect or unclear usage instructions.

If the product causes bodily injury or property damage to third parties due to any of the above issues, the policy may provide financial protection subject to the policy terms and conditions.

Geographical Scope

Coverage can be arranged for one or more of the following regions:

• USA and Canada.
• Designated countries.
• Europe.
• Worldwide.

If your products are mainly exported to the United States, Europe or other higher-risk jurisdictions, it is advisable to arrange appropriate coverage early to ensure your contractual and customer requirements are fully protected.

Limit of Liability, Excess and Premium

• Limit of liability: Up to USD 50,000,000, including legal costs.
• Excess: As low as USD 5,000.
• Minimum and deposit premium: From as low as USD 1,500, subject to product type and risk assessment.

These figures are for reference only. The final quotation and policy terms will depend on product category, annual sales, export destinations and claims history.

Who This Is For?

This solution is suitable for:

• Product exporters.
• Manufacturers and factories.
• Brand owners and trading companies.
• OEM / ODM suppliers.
• Businesses with international customers or contractual requirements for products liability insurance.

If your company has a Hong Kong office or branch, Wickfield can act as your local point of contact to help with quotations, documentation and insurance placement, making the process more efficient and straightforward.

How the Process Works?

1. Submit your company and product details, including product type, target markets, annual sales and any relevant safety documents.
2. The insurer or broker will assess the risk and recommend suitable coverage.
3. Quotations and policy terms will be discussed to ensure they meet your business and contractual needs.
4. Once the coverage is confirmed, the policy can be arranged and the insurance documents issued.

If required, Wickfield can also assist with supporting documents such as product descriptions, warning labels and inspection reports.

Professional Support

Wickfield Insurance Brokers Limited has many years of professional experience in handling products liability insurance and export-related insurance solutions.
We work with multiple insurers to help clients secure suitable coverage for their business needs, with a focus on professional advice, practical solutions and reliable service.

Further Contact Details

• Email: Please send your enquiry to marketing@wickfield.com.hk, and we will get back to you as soon as possible.
• WhatsApp：Scan below Whatsapp QR Code
  

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