Target (along with CPSC) have announced a recall of an USB charging cables because “The metal around the cord can become electrically charged if it contacts the USB wall charger plug prongs while charging, posing shock and fire hazards”
You can read all about it here:
Target Recalls USB Charging Cables Due to Shock and Fire Hazards
The retailer had received at least 14 reports of the cables smoking, sparking or igniting, including two reports of consumer finger burns.
There are property damages and bodily injury involve. It will most likely lead to lawsuit or at the very least demand for compensation.
If you are the one who are selling the product, what can you do to product yourself? You will be protected if you had purchased Product Liability Insurance.
Product Liability Insurance covers a company’s legal liability if their product caused Bodily Injury or Property damages. Product Liability Insurance not only help you with the indemnity to the claimant(s), it will also help you with the legal cost. In fact, our Product Liability Insurance normally will take over the case from the moment you hand in a claim, this will ease your Bundren of taking care of the lawsuit yourself.
To learn more about Product Liability Insurance and how the coverage of Product Liability Insurance can benefit you, please go to the web-page https://www.hkpli.com/product-liability-insurance/
or give us a call at (852)25266674.