What does the Products and Completed Operations coverage provide?

Products and Completed Operations coverage is a critical component of liability insurance that offers protection specifically for claims arising from injuries or damages related to the products a business has manufactured or supplied, as well as for services and operations that have been completed.

The coverage is designed to address the risks associated with the use of a product or the results of an operation after it has been finished. This means that if a consumer is harmed or suffers property damage as a result of using a product that has been sold or as a result of a completed service, the insurance would cover the claims related to those incidents.

This type of coverage is particularly relevant for businesses that engage in manufacturing or provide services that may have long-term effects, potentially leading to claims after the work has been completed or the products have been sold. It is essential for businesses to have this coverage to safeguard against unexpected events that may occur post-completion of their work or after their products have left their premises.