Personal trainers are a vital part of the health and fitness industry. Providing advice, guidance and support to those seeking to improve their physical wellbeing, personal trainers have an important role to play in society. However, with such an important role comes great responsibility – and personal trainer liability insurance is one way to protect oneself against any legal issues that could...
As a product manufacturer, one of the biggest concerns you may face is product liability allegations. These allegations can range from claims of defective design or manufacturing to failure to warn of potential hazards. If a product you manufacture causes injury or harm to a consumer, you could be held liable for damages. Fortunately, there are steps you can take to reduce your risk of product...
In this article, you will learn about the concept of product liability and how it applies to companies in the nanotechnology industry. You will also discover steps that manufacturers, distributors, and retailers can take to minimize the risk of product liability claims, as well as strategies for handling such claims should they arise. By the end of this article, you will have a better...
Before we talk about the benefits of your business having a product liability insurance policy, let’s take a look at what product liability is. The Basics of Product Liability Product liability is the legal responsibility of a manufacturer or seller of a product for any damages or injuries caused by that product. In order to be held liable, the manufacturer or seller must have been...
Lawsuits affect many companies and can use a lot of valuable time and money. One way to battle these unnecessary costs is through product liability insurance. Product liability insurance can help a company in many different situations that come up for most business of any significant size due to negligence or claims. If your company creates and sells products with care then there should be some...
There is no question about it: If you make or distribute a product, you must have product business liability insurance. You may feel that it is unlikely that your product might every hurt someone or their property, and that there is no chance of a defect in your product. However, product liability insurance protects you from an element you can’t control: how people use your product. You...
The Importance of Liability Insurance for Fitness Instructors As a fitness instructor, whether you are paving your path as a self-employed entity or working in a fitness center, safeguarding yourself from unforeseen risks should be paramount. One of the fundamental steps in doing so is purchasing an insurance policy from a reliable insurance company. Notably, before setting your foot in the...