What it does
CG 00 66 04 13 as the Product Withdrawal Coverage Form, with declarations on CG DS 10. It addresses product withdrawal expense and liability, which the CGL excludes under the recall exclusion (2.n.).
Who needs it
Food processors, beverage bottlers, cosmetics makers, toy and component manufacturers.
Key provisions and limits
- Endorsements include CG 31 68 to CG 31 72 (product tampering, replacement and restoration options).
Quoting and selling notes
- CG 04 36 is a lighter limited product withdrawal expense endorsement for the CGL.
- Underwriters will ask about batch tracking, supplier controls, prior recalls and the largest customer; recall costs often exceed the value of the product itself, so set limits on realistic recall scenarios.