Product Liability Insurance
Product Liability Insurance
Product liability insurance has been purchased by KNH Enterprise Co., Ltd. (hereinafter “KNH”). The policy details are as follows:
Insurer | Fubon Insurance Co., Ltd. | |
Policy Period | Starts 12:00 P.M., January 15, 2023 Ends 12:00 P.M., January 15, 2024 | |
Policy Description | This insurance policy covers compensation for damage suffered by the consumer due to product defects. Coverage details, policy periods, and exclusions shall be as stated in the terms and conditions of the policy. | |
Maximum Compensation Payable Under This Policy | For physical injuries suffered by each person | NTD 6,000,000 |
For physical injuries in each accident | NTD 12,000,000 | |
For loss of property in each accident | NTD 4,000,000 | |
For physical injuries and loss of property in each accident | NTD 32,000,000 | |
Cumulative insurance payout during the policy period | NTD 32,000,000 | |
Contact Number | 0800-213168 | |
Remarks:
- 1. The information provided here does not change, amend, increase, or reduce the validity of the policy
- coverage stated in the original insurance contract.
- 2. Product liability insurance was purchased by KNH for this product to manage business risk. The existence of
- this insurance policy does not affect the right of consumers to seek civil damages.
- 3. Product liability insurance should not be construed as a “guarantee of product quality” or a “guarantee of
- product efficacy”.
