0.25 CIP Points
Is it a product recall or withdrawal
Have you ever considered the difference between a product withdrawal and a product recall? They sound similar but are in fact very different events, especially when it comes to insurance coverage. Historically, insurance for voluntary product withdrawals has been out...
11 May 2026
3 mins read
Have you ever considered the difference between a product withdrawal and a product recall?
They sound similar but are in fact very different events, especially when it comes to insurance coverage.
Historically, insurance for voluntary product withdrawals has been out of reach for small manufacturers and distributors.
This is now changing, and policies that cover both types of events are now available in Australia.
WHAT IS A PRODUCT RECALL?
A product recall occurs when products are removed from sale because of a significant health or safety threat.
Related Resources
0.25CIP Points Liability pressure building as class actions reshape insurance risk
In Brief Liability reform is back on the insurance agenda in Australia and New Zealand...
4 mins read
0.25CIP Points 1 min read
0 Comments