From spoilage to contamination to time-sensitive supply chain management, few businesses face the type of risks that can quickly put them out of business on a daily basis like food processing & manufacturing businesses. Which makes food processing insurance as integral to your operations as the machinery in your plant. Don’t take chances with your protection, commercial insurance and risk management is all we do.
Types of Businesses that can ALIGNED’s Food Processing Insurance can Protect
These are just a few of the types of businesses our food processing and food manufacturing insurance plans are designed for:
- Beverage manufacturers
- Canneries and canned goods manufacturers
- Commercial bakeries
- Condiment and spice manufacturers
- Confectionaries and snack manufacturers
- Dairy processors
- Distilleries and breweries
- Frozen foods and ice cream manufacturers
- Fruit and vegetable processors
- Grain millers
- Legume and nut processors
- Meat, fish and poultry suppliers
- Milk and dairy processors
- Oil extractors
- Pasta manufacturers
Of course, if your business is in food processing or manufacturing, regardless of the type of food or your role in the food chain, your liability coverage is customized by a commercial insurance specialist who knows how to assess your risks, find the best coverage for your business and fights to get you the best rates possible on coverage that doesn’t leave you over- or underinsured.
Food Processing Insurance Coverages
Commercial General Liability Insurance – provides coverage for medical bills, property damage costs, lawyer’s fees, settlements and awards for damages for litigation alleging personal injury, property damage, false advertising and libel/slander. CGL for food processing businesses will typically include:
- Product Liability Insurance – is another necessary coverage for food processors and can cover your liability exposures for consumer illness and/or injury resulting from the products manufactured and/or their packaging.
Property Insurance – protects your building and contents from perils including fire, flood, windstorm, sewage backup and others. Property insurance for food processing companies can also include:
- Business Interruption Coverage for income lost following an insured peril; and
- Extra Expense coverage for the costs of setting up a temporary processing plant.
Product Recall Insurance – applicable for all food processors, this coverage can save you the massive costs of a recall including replacement costs, public safety announcements, product testing, lost profits, extra wages and brand rehabilitation expenses.
Boiler & Machinery Insurance / Equipment Breakdown Insurance – is coverage that protects your business from repairs costs and spoilage losses resulting from heating, cooling and ventilation machinery failure caused by electrical arcing and other perils.
Other coverages your food processing business may need:
Don’t let one bad incident spoil your food processing business, get ALIGNED with a company that specializes in commercial insurance.
Commercial insurance is all we do. When you choose ALIGNED, you get a commercial insurance specialist advocating for you. Our job is to give you peace of mind by protecting your food processing plant with coverages from Canada’s top insurance companies at the best possible rates. Contact an ALIGNED advocate to get a free quote on food processing business insurance for your business in minutes or get started right away by using our free online tool.