Product Recall Insurance

All manufacturers and distributors have product recall exposure; however, many do not protect themselves or their cash flow. CFC’s product recall policies are designed to protect these companies against their first-party exposure should a product withdrawal occur. The event may be triggered by a manufacturing error that causes a product to have the potential to be harmful to health, including allergen mislabelling, as well as malicious product tamper and extortion events. Extensions are also available to consider animal by-product or religious specification driven recalls. We also offer access to consultancy expertise to minimise the risk of a product recall event occurring, and to mitigate the aftermath if it does.

Listen here to our latest webinar on  Placing Recall SOS – What To Submit And What Coverage Should You Expect

Target risks

  • Food and beverage
  • Pet food
  • Automotive components
  • Consumer Goods
  • Medical Devices

Key policy features

  • Premises and product rectification costs, including redesign and remanufacture
  • Loss of future sales, typically 12 months
  • A wide range of costs associated with a recall including investigation, storage, transport, disposal and destruction of damaged goods, with third party recall costs covered 100% as standard
  • Government Actions and Negative Publicity cover available as standard
  • A modular policy form, so our underwriters can work with you to come up with a solution that works for the client.

Key benefits to members

  • Range of crisis consultancy solutions
  • Investigation costs with nil deductible under the policy
  • Dedicated 24/7 CFC crisis management hotline for insureds in the event of an incident
  • Response within 48 hours from the team on enquiries

Opportunity for: Brokers to create a more comprehensive risk transfer solution for their manufacturing and distribution clients

Solution for: Companies wanting to protect their cashflow as well as cover their customer’s recall costs in the event of a recall event




Natasha Catchpole and Lucie Dean

85 Gracechurch Street, London, EC3V 0AA

020 7220 8500

[email protected]