Is It Necessary To Have A Liability Insurance Of Product?

The type of insurance where insurance company will pay a certain amount of money if your product causes harm to a person or it damages someone’s property. There are several insurance policy providers who don’t provide this policy individually. They just provide this bundled with the business insurance package. This insurance helps a lot as your product is not fit for use or consumption. So, as a company will produce its product at a mass level, so after getting rejected, the company will come to an end and the whole company will get bankrupted. So, this policy helps to fight with the current situation and by paying a certain amount of amount so that the company again gets a start. The policy does not depend on how big your company is, it will only depend on the production, materials used, the cost of the used materials and the time taken to manufacture the final good. You can visit this helpful site for more information about the liability insurance of product and also the cargo insurance.

Details of cover
A product liability insurance policy will pay you the amount of your damaged product that has made some property or personal injury. In the case of any personal injury, if the NHS tries to cover the cost of medical treatment, your policy will also pay for that. This will include the checkup cost, medicine cost, hospital bills, ambulance cost and some other miscellaneous costs, you can also see this product liability insurance coverage.

Who is responsible?
Suppose you are a team of manufacturers and you are not totally responsible for the manufacture of a product. If your product causes any personal injury or property damage, you are not the responsible one for this ill happening. Simultaneously, you cannot figure out the real manufacturer of the product. So, in this case you will also get the refund of your fees that you have invested in making a deal with the manufacturer or if you have repaired, modified or imported the product from some other place.

Cover levels
The insurance policy mostly covers a total amount of euro 2 million. The price range falls in between euro 1-5 million and it depends totally on the nature of the product.
But, before choosing a policy, it is also a very good idea to consult with a specialist who has a mass knowledge of the policies. He will give you the right advice and he will also help you a lot in making the right decision on which is the best policy to have.

There are several insurance brokers who are also highly talented in this field and hiring them will also provide you with some desirable results. But, before hiring them, you must fully confirm whether they are legalized for this duty or not. You will also find several illegal brokers in this business. So, staying out from them is advisable.

How to Find The Right Payroll Outsourcing Company in South East Asia

asia payroll services的圖片搜尋結果The South East Asian region is booming with payroll outsourcing services, so much, that finding the right external company for your business in the clustered outsourcing market in Asia can prove daunting. 

The Asian market, environment and its economy are rapidly evolving and so are its policies. This makes it crucial to find the right outsourcing company that will stay consistent regardless of the turbulence.  It is also important to keep in mind that the Human Resource services in the Asian hemisphere are prone to be ingenuous, diverse HR personnel due to cultural and language differences, cost conscious and demanding workforce.

The right external firm for you will provide comprehensive support, regional expertise, value for your money, long term personalized service relationship, consistency and transparency in business. In order to narrow down the outsourcing company you should hire, follow the outlined basic steps.


A simple Google search for HR payroll outsourcing in Asia will give you hundreds of results, all of companies promising you the best payroll services. More efficient than the search engine is word of mouth.  Find out the external companies that businesses in your area are hiring, do your research, calculate the costs, and then filter companies that do not suit your needs until you are left with the payroll outsourcing service of choice.

Using word of mouth to find the right payroll outsourcing company in South East Asia or anywhere in the world for that matter will save you from blind risk, wasting money and fruitless trial and error.


Avoid startups when it comes to finding HR personnel in South East Asia.  Seek payroll outsourcing companies that are reputable and have already been established in outsourcing for years. This will not only give you value for your money but will equip your business with efficient HR payroll services.

An established outsourcing company means that they are geared with the appropriate payroll software, are reputable payroll vendors in the South East Asian region,  and have the technologies needed to get the job done.


Be knowledgeable of the company and region you are investing your resources in. You may want the advice of a lawyer on this one.  For instance, your business may be interested in HR payroll services in Singapore. Before you close the deal you should be informed on how policies in the payroll outsourcing Singapore work and if at all these policies will be altered when Singapore merges with other South East Asian countries in ASEAN 2015.


The best support for HR payroll services can be dependent on the country you are outsourcing from. In terms of economy and service, Singapore is leading in the SE Asian region. However, contingent on the niche of your business, you should not overlook payroll outsourcing in Malaysia or the HR services in Thailand.

Finding an agent to locate the right payroll services for you in South East Asia is also an option.