Get protected against employment-related issues
All Standard plan benefits and:
*plus Workers Compensation
Equipment Breakdown insurance will cover the loss of income due to a mechanical or electrical breakdown of the equipment you use for food manufacturing. The coverage will replace the cost to repair or replace the equipment and property damaged by the malfunctioning or broken equipment.
Business Interruption insurance will cover the loss of income your food manufacturing business suffers after a disaster-related closing. The insurance will pay for the actual loss of a business income you sustain during the necessary suspension of your operations at the period of the restoration, as well as possible continued regular expenses during that period.
Professional Liability (E&O) insurance is designed to protect professionals from the advice or service they provide to their clients. It protects professionals from the errors or omissions in the services they provide or a failure to provide the contracted services by paying for the legal and court fees when a covered incident happens.
General Liability insurance protects you, your business and your employees from claims involving property damage, bodily injuries, advertising mistakes and many other risks that could happen during your business operations. The insurance will cover your business from the expenses of out-of-court settlements, litigation, attorney fees and judgments awarded by the court.
Starting a food manufacturing business comes with plenty of risks. And with a lot of focus on the safety and new regulations that change almost constantly, the stakes are even higher.
Food manufacturers need insurance to protect their businesses from many known and unknown risks. All it takes is just a few minutes of your time to get started and be committed to paying a monthly fee.
When the equipment you used for food storage breaks down, your daily production decreases along with the decrease in the storage area from the malfunction. The food stored in it could be prone to spoilage, and it would take a while to repair or replace the damaged equipment.
The cost of insurance for food manufacturers vary on the type of services you offer, the number of employees you have and the coverage requirements. There is no fixed rate for an insurance policy, so to get the cost of your insurance, give us a call or apply for a free quote online.
CoverWallet utilizes state of the art technology to help small businesses understand and buy customized coverage, get significant savings and conveniently manage their insurance, in a matter of minutes, all through our online platform.
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