If you own a manufacturing facility, you are well acquainted with the risks and exposures you face on a daily basis. Whether you are concerned about employee safety or financial loss in the event of a product malfunction, the right manufacturer insurance policy will address these challenges.
What It Covers
The industries serviced by manufacturing companies are many, increasing the diversity of liability needs for those engaged in these operations. Your insurance provider will be able to more fully divulge policy coverage applicable to your services, but the following items are commonly covered.
- General Liability
- Business Interruption
- Off-Premises Utility Interruption
- Equipment Breakdown
- Pollution Liability
- Product Liability
- Employment Practices Liability
- Directors & Officers Liability
- Workers’ Compensation
- Commercial Auto
- Product Recall
- Manufacturer’s Errors and Omissions
Who Needs It?
There are many industries relying on the products and support of the manufacturing industry, and while the services and goods may vary, liability risks are evident. Those who would benefit from a manufacturer insurance policy include those working with apparel, metal production, electrical equipment or machinery, industrial molds, home furnishing construction or repair, wood or plastic products and food and beverage distribution.
Your work and services are valuable to the economy, and you would be wise to protect your company from financial liability and undue stress with a comprehensive insurance policy.