Is also ruin the name of the product brand and gives the competitor ground to sail faster in business. When you run such a manufacturing business, you need product liability insurance as a cover. This insurance provides your business protection from the risks of damages from products. It also keeps your business from any possible litigation. Directors and officers in your business can take actions or decisions that may impact negatively on your business. These types of choice which were meant to promote your business can bring losses and pose as a considerable risk to your business.