Foreign Liability, K&R Insurance for Manufacturers
American-made precision and ingenuity are at the heart of this country’s manufacturing sector and what makes us so great. In fact, many of our products are used in foreign countries. Along with the increased market share this affords for American shops comes additional risks of product liability and other exposures. One product liability claim filed in a foreign country because of failure of an American-made part could wipe out the financial benefits of exporting product overseas.
At Precision Manufacturing Insurance Services (PMIS), we offer foreign or international liability insurance coverage to respond to the exposures not covered under a standard general liability policy for businesses shipping their manufactured products abroad. We also offer kidnap & ransom coverage for employees traveling overseas.