Efficacy Insurance Ireland
What is Efficacy insurance?
Efficacy insurance cover is designed to cover the failure of an item to perform its intended function. It is often taken in addition to Product or Public Liability cover.
Who needs Efficacy insurance?
If your business is involved in the manufacture, supply or installation of performance critical products such as fire alarms, emergency lighting, brakes etc. you should consider Efficacy cover.
Most standard business cover exclude Efficacy cover, so it is important you have the correct cover in place if your business requires it.
In addition, winning contracted work in some industries requires proof of Efficacy cover before contracts are awarded.
We can help you in determining whether this is cover you should consider and what level you will require.