Page 218 - Liability Insurance IC74
P. 218
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of indemnity exceeds Pre-fixed limits.
The information in a risk assessment report for products
liability are :
(i) Full description and details of Products with domestic
and export turnover.
(ii) Product Safety Control Programme .
(iii) Hazard Analysis, & Product Design.
(iv) Materials/components used in each product.
(v) Process of manufacturing.
(vi) Quality Control.
(vii)Packaging/Labeling.
(viii) Sales & Distribution.
(ix) Advice to customers in product use.
(x) Installation of the product by the Insured.
(xi) Customer complaints procedure.
(xii)Previous history of complaints.
(xiii) Management attitude, housekeeping and
industrial relations.
(xiv) Conclusions - General assessment of risk.
Q9. MTO Liability Insurance - Coverages and
Exclusions to be explained in depths.
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