defective design cover
Definition
Extension of a product liability insurance policy to include losses incurred by a manufacturer from defects in the design of a product. A further extension is required to cover losses incurred by the third parties.
Popular 'General, Marine, & Life Insurance' Terms
defective design cover in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/defective-design-cover.html
