Which insurance protects businesses against claims related to product-related injuries or damages?

Products Liability Insurance is designed specifically to protect businesses against claims that may arise from injuries or damages caused by products they manufacture, distribute, or sell. This type of insurance covers the costs associated with legal defense, settlements, and damages related to bodily injury or property damage that a product may cause to consumers or other third parties. For instance, if a consumer is injured by a defective product, Products Liability Insurance can provide financial protection for the manufacturer in case of a lawsuit.

In the context of the other options, while Medical Malpractice Insurance safeguards healthcare professionals against claims arising from negligent medical care, Errors and Omissions Insurance protects businesses from claims of inadequate work or negligent actions, and Directors and Officers Insurance provides coverage for the personal liability of corporate directors and officers for decisions made in their capacities. Each of these types of insurance serves a different purpose and does not specifically address issues related to product safety or consumer injuries from products.