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Product Recall Exclusion (PPL) is a standard exclusion in products liability policies that excludes cover for the costs of recalling, withdrawing, inspecting, repairing, replacing, or disposing of defective products. This exclusion reflects that recall costs are considered a business expense rather than third-party liability. Separate product recall insurance is available to cover these costs, including customer notification, transportation, disposal, and business interruption arising from recalls.
Product Recall Exclusion (PPL) is a standard exclusion in products liability policies that excludes cover for the costs of recalling, withdrawing, inspecting, repairing, replacing, or disposing of defective products. This exclusion reflects that recall costs are considered a business expense rather than third-party liability. Separate product recall insurance is available to cover these costs, including customer notification, transportation, disposal, and business interruption arising from recalls.
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