Limited product withdrawal expense insurance throughout Southeastern Wisconsin, including Hartford, Slinger, Richfield, West Bend, Rubicon, Iron Ridge, Neosho, Hustisford, and Theresa.

Limited Product Withdrawal Expense Insurance pays for the reasonable and necessary extra expenses you insure for the withdrawal or recall of your products.

Limited Product Withdrawal Expense Insurance helps for things like:

  • The extra expense to rent or hire additional warehouse or storage space.
  • The costs related to notification of the product withdrawal.
  • The cost to hire additional people, other than you regular employees.

These scenarios illustrate how valuable this coverage can be for your business.

  • A metal fabricator becomes aware of a dangerous flaw in one of its railing brackets and it’s determined a product recall is necessary. Expenses associated with withdrawal notification, overtime pay to employees and additional warehouse space amount to $150,000.
  • A dairy products manufacturer was found liable for product recall expenses incurred by a chain of grocery stores that sold one of its cheese products. A dangerous bacteria found in the cheese caused severe illness to 50 people several children required hospitalization. Expenses incurred by the grocers for notification, overtime pay, warehousing and product disposal amount to $220,000.

In a nutshell, limited product withdrawal expense insurance pays for the reasonable and necessary extra expenses you insure for the withdrawal or recall of your products due to:

  • Known or suspected defects in your products which caused or are reasonably expected to cause bodily injury or physical injury to tangible property and
  • Known or suspected product tampering.

To find out more about Limited Product Withdrawal Expense Insurance, please contact us today.

Let’s discuss your limited product withdrawal expense insurance.

One of our insurance advisors will reach out to you to review your information and present you with the appropriate limited product withdrawal expense insurance solution. There’s no obligation, just good-old-fashioned advice.
  • This information is not an offer to sell insurance. Insurance coverage cannot be bound or changed via submission of this online form/application, e-mail, voice mail or facsimile. No binder, insurance policy, change, addition and/or deletion to insurance coverage goes into effect unless and until confirmed directly with a licensed agent. Note any proposal of insurance we may present to you will be based upon the values developed and exposures to loss disclosed to us on this online form/application and/or in communications with us. All coverage's are subject to the terms, conditions and exclusions of the actual policy issued. Not all policies or coverage's are available in every state. Please contact our office at 800-414-5875 to discuss specific coverage details and your insurance needs. In order to protect your privacy, please do not send us your confidential personal information by unprotected email. Instead, discuss that personal information with us by phone or send by fax. Statements on this website as to policies and coverages and other content provide general information only and we provide no warranty as to their accuracy. Clients should consult with their licensed agent as to how these coverage's pertain to their individual situation. Any hypertext links to other sites or vendors are provided as a convenience only. We have no control over those sites or vendors and cannot, therefore, endorse nor guarantee the accuracy of any information provided by those sites or the services provided by those vendors. Information provided on this website does not constitute professional advice. If you have legal, tax or financial planning questions, you need to contact a qualified professional.
  • This field is for validation purposes and should be left unchanged.

R.S. Semler & Associates Insurance, Inc. offers comprehensive limited product withdrawal expense insurance throughout Southeastern Wisconsin, including Hartford, Slinger, Rubicon, Jackson, Richfield, Oconomowoc, West Bend, Iron Ridge, Horicon, Neosho, Germantown, Hubertus, Kewaskum, West Allis, Milwaukee, Menomonee Falls, Hartland, Allenton, Jackson, Hustisford and Ashippun.