ACE Group has launched a series of policy enhancements to its ACE Recall Plus and ACE Recall Plus for Small Business coverage.
The new policy terms include:
- Coverage for voluntary, involuntary, and mandatory stock recoveries, market withdrawals, and/or recalls
- Limits as low as $50,000
- Minimum premium of $1,000
- $5,000 (for small business) or $10,000 minimum self-insured retention for a $1 million primary limit
- Up to $15 million in limits available
ACE Westchester offers three insurance policies for businesses in the component parts, consumer goods, and consumable products sectors. ACE Westchester’s product recall policyholders also have access to product recall consultants on a pre- and post-incident basis.
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