| 单词 | product-guarantee insurance |
| 释义 | product-guarantee insurance product-guarantee insurance An insurance policy covering financial loss as a consequence of a fault occurring in a company’s product. A product-guarantee claim would be made, for example, to pay for the cost of recalling and repairing cars that are found to have a defective component. This type of policy would not pay compensation to customers or members of the public injured as a result of the defect. Such claims would be met by a products-liability insurance. |
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