单词 | product liability insurance |
释义 | product liability insurance in Insurance (prɒdʌkt laɪəbɪlɪti ɪnʃʊərəns) or PLI noun (Insurance: Commercial insurance) liability, insurance , insurance , insurance Product liability insurance is insurance for a producer or supplier of goods against injury to third parties or loss of or damage to their property that is caused by a fault in the goods. A product manufacturer may purchase product liability insurance to cover them if a product is faulty and causes damage to the purchasers or any otherthird party. The legislation requires those manufacturing or supplying goods to carry some formof product liability insurance, usually as part of a combined liability policy. Product liability insurance is insurance for a producer or supplier of goods against injury to third partiesor loss of or damage to their property that is caused by a fault in the goods. |
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