Product Liability Insurance Arranged By ACPG Management Sdn Bhd


Product Liability Insurance Kuala Lumpur Malaysia

Arranged by

ACPG Management Sdn Bhd (ACPG).

Your Trusted and Experience

Malaysia General Insurance Risk Management Provider since year 1989.

ACPG Careline +603-92863323.


Product Liability Insurance

Manufacturers, product designers, wholesalers, distributors, retailers and anyone else involved in the product design, manufacture or supply chain has a responsibility in ensuring that the products concerned does not cause harm.

If the product does cause harm, the victim has a right to enforce his legal rights in a court of law.

Product Liability Insurance is designed to indemnify the manufacturer or supplier of the ‘defective’ product against losses resulting in bodily injury or property damage arising from the use of the ‘defective’ product. It also pays for the litigation costs and expenses incurred in the defence of a suit provided prior written consent of the Insurance Company is first obtained.

Generally, product liability claims arise from the following three core causes :

Design Defect

Manufacturing Defect

Marketing Misrepresentation

Scope of Cover

Product Liability Insurance is commonly written in a ‘Claims-Made Basis’ form.

It is a liability policy, which will indemnify the Insured against all losses arising from the consumption or use of the product giving rise to the following:

accidental bodily injury

accidental damage to property

any legal expenses incurred by the Insured in defending legal proceedings with the Company’s written consent.

For more details Malaysia insurance services

Product Liability cases have greatly increased over the recent years, especially in more litigious parts of the world like the USA, Canada, Australia and Europe. Whether you’re a manufacturer, a vendor, a supplier or an exporter, you are exposed to the risk of product liability claims. In fact, any point in the chain of commerce is exposed to this risk. Here are some reasons why you need Product Liability insurance.

Defects in the design, manufacture, packaging or labelling of the product can result in injury to the user or damage to his or her property. Other factors causing or contributing to the defect can also surface in the process of storage, transporting and handling of the product. Any one of these causes can be a valid reason for the consumer to file a liability claim against the exporter.

The damage or injury may not even be caused by a defect in the product and yet the consumer may still file a claim against the exporter seeking payment for damages for alleged or imagined defects.

From the mere fact that the product is available for use or consumption by the public a possibility for product liability claim exists, perhaps from a dissatisfied customer.

You might believe your products are flawless. In some jurisdictions, even the deliberate misuse of a product can be a basis for liability claims regardless whether or not the product was used properly and for its intended purpose. 

Product Liability insurance indemnifies the insured for sums which you become legally liable to pay as damages for bodily injury or property damage to third party arising out of the defective products. In addition, the policy will indemnify you for defence costs and expenses incurred in respect of a claim to which the policy applies. The limit of indemnity is inclusive of defence cost and expenses incurred in respect of a claim to which the policy applies.

Malaysia Insurance Services, Malaysia General Insurance, Malaysia Commercial Insurance, Malaysia Medical Insurance

Arranged by

ACPG Management Sdn Bhd

Malaysia General Insurance Risk Management Solution Provider since year 1989.

ACPG Careline +603-92863323