Product liability is the charge against the product that is owned
by the wholesaler or manufacturer or retailer before selling
them to their ultimate customer. The product is the goods that
is consumed by the customer and sell by the retailer. The
product quality and its type matter to define its liability. There
are many different types of insurance attached towards the
product. The ownership attached to product also matters a lot
while having a glance at the product liability. The countries
have different type of laws about the same concern. The laws
within a country varies from state to state. The awareness
about the liability attached to the product matters a lot. The
type of organization producing, transporting and delivering the
product defines the type of product insurance.