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Product Liability (Personal Injury & Property Damage) refers to the legal obligation of manufacturers, distributors, suppliers, and retailers to compensate third parties for personal injury or property damage arising from defects in products they have manufactured, supplied, or sold. Under Australian law, this liability may arise under the Australian Consumer Law (ACL), common law negligence, or contract. The cover typically responds where a product causes bodily injury to a person or physical damage to tangible property belonging to a third party.
Product Liability (Personal Injury & Property Damage) refers to the legal obligation of manufacturers, distributors, suppliers, and retailers to compensate third parties for personal injury or property damage arising from defects in products they have manufactured, supplied, or sold. Under Australian law, this liability may arise under the Australian Consumer Law (ACL), common law negligence, or contract. The cover typically responds where a product causes bodily injury to a person or physical damage to tangible property belonging to a third party.
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