Bime Iran insurance company will provide insurance coverage for liabilities arising from a company's completed products. If the product that your company offers is found at fault, your company is likely to be sued. In this case, the insurance company will compensate for the legal expenses and the consequential damages.
Insure your product quality by Bimeh Iran Co will affect your marketing in Iran success .
If you sell, supply or deliver goods, you may need cover against claims of goods causing injury, death or damage. Product liability insurance covers you if any of these events happen to another business or person by the failure of your product or the product you are selling.
Product Liability Insurance provides coverage for claims arising after a product is sold. The coverage is known as Completed Operations Liability Insurance for contractors and provides insurance for claims resulting after a construction project is completed. Manufacturers are sued years after selling a product. Distributors are named as defendants simply because a product passed through their warehouse. Contractors have been held liable decades after they have “Completed Operations “on construction projects.
Liability Insurance of Producers and Sellers of Product
Based on this plan, civil liability of product producers and sellers is insured in the following way: Damages due to products and quality assurance of products before consumers and third parties. At the present time, producers and sellers of different types of products such as humidity insulation, pipes, links, computers, cranes, crankshafts, industrial products, etc… are under the coverage of Bimeh Iran (Iran Insurance Co.)