You build your reputation on being reliable and professional. Few events can challenge your long-term success more than a product recall. To help ensure that being involved in a recall doesn't catch your business unaware or unprepared, you need insurance coverage tailored to the specific risks you face as a wholesale distributor.
CNA's Product Recall Expense Coverage Endorsement helps you manage the financial impact of recalling products. This coverage responds by reimbursing you for as much as 90 percent of your expenses and additional costs involved, including communication, transportation, rental of temporary storage, overtime costs and disposal in responding to a product recall.
Our underwriters and risk control professionals have the expertise to understand the risks wholesale distributors face and can help manage your risk exposures and assist you in attempting to avoid the most common losses. If an incident occurs, our highly experienced claim professionals are dedicated to managing your claim to a timely resolution.