It is clearly prudent to try avoid problems by ensuring your suppliers meet certain basic requirements (e.g. third party accreditation, trade association membership, etc.).
However, you should always seek the reassurance that, if push comes to shove, your supplier is in a position to foot the bill should things go wrong. As many suppliers are not in the best financial shape, one of the best ways to ensure your protection is to ensure that your suppliers have appropriate public & product liability insurance
and professional indemnity insurance.
For this reason, we carry comprehensive
Public & Product Liability Insurance and/or Professional Indemnity
Insurance up to the value of a staggering
…Needless to say, given our strict adherence to high standards of
quality, we’ve never had occasion to need either cover though.
Please refer to
our Insurance Certificate (requires Adobe® Acrobat® Reader)
or contact us for confirmation, clarification,
up-to-date details and/or further details.