As a manufacturer you take pride in your products, doing everything possible to ensure that your products are produced to the highest of quality. However, no matter how diligent you are there is still the chance that your product fails to work as intended. Because of this inherent risk, having a product liability policy designed for your business is critical.
Product liability insurance helps pay for any lawsuits that may arise from injuries or damages caused by the faulty manufacturing or even misuse of your product. We at GoldenStar work with you to design a product liability policy that keeps your company protected, allowing you to focus on your business.
General Liability insurance is often considered the foundation of any sports or recreational organization’s insurance policy as it covers lawsuits arising from spectator and participant injuries. Specifically, general liability covers lawsuits that arise due to the alleged negligence of your organization that results in bodily injury, property damage, personal injury, and/or advertising injury. The general liability policy will help to pay for legal defense and in the result of an unfavorable jury verdict, settlement payment, up to the policy’s limit.
As sports and recreational organizations vary greatly in size, general liability policies are not a one size fits all coverage. We at GoldenStar have wide variety of options that allow us to provide your organization with the best policy that fits your specific needs.