This type of insurance covers third party (consumer) liability of the manufacturer related to safety of a product.

The insurance company will indemnify the insured person for the costs that he or she will have to pay for the damages inflicted to life, health and/or property of third parties (consumers) in relation to use of products manufactured, sold, supplied, repaired,or installed by the insured person, and bearing constructional, manufacturing, ingredient or other faults, provided that such damages were inflicted outside of the insured person's business premises.

The insurance is intended for: legal entity or capable citizens acting as entrepreneurs under the applicable law, and having businesses related to manufacture, import, export, distribution (sales) of goods, or if the entity name is indicated on product labels and trade marks, or indicated otherwise.

Insurance covers third party liability of the insured person related to damages inflicted by manufactured or sold goods:

• damages must be confirmed by the court decision that took effect;
• recognized voluntarily by the insured person with the prior consent by the insurance company.