About K-sure- Koerea Trade Insurance Corporation
> Our Products & Service > Other Services > Product Reliability Insurance
This product covers faulty or damaged parts/components and
materials produced by domestic companies upon delivery.
Liability insurance was launched to boost competiveness
of certified or non-certified domestic companies, especially
SMEs, producing parts, components and materials and wean
Korea¡¯s dependence on overseas in this area. This product
covers those goods produced in Korea but determined to be faulty or damaged upon delivery.
| Category | Covered Areas | Contents |
|---|---|---|
| Basic Coverage | Product Guarantee | Repair or replacement costs that the policyholder is liable for defected or damaged products after delivery to a third party. |
| Selective Coverage | Product Liability | Personal or property damages that the policyholder is liable due to product defect or damage after delivery. |
| Product Recall | Overall costs of recall due to product defect or damage of those parts/components and materials produced by domestic companies. |
