Need insurance for your adult novelty toy company in Canada? We’ll get your business ALIGNED.
50 shades of opportunity. If you are in the adult novelty toy company business, you are always looking for new innovative ways to grow your business and expand your market. An innovative Edmonton-based company that specializes in adult novelty toys is featured in a recent CBC News article. “The Doll Next Door is a premium sex doll rental service, according to the company website. People can choose between five dolls, renting them for two hours or a night. The dolls are delivered to clients’ doors in “discreet containers.” The company also rents out virtual reality headsets.”1
Whether your adult novelty toy company focuses on traditional sex toys or innovative new internet-connected adult novelty products, your business faces many risks. That’s why you need the best insurance options for your adult novelty toy company. Keep reading to learn more about why you need to align coverage for every shade of opportunity.
50 shades of risk. Don’t leave your adult novelty toy company exposed.
Risk can and does happen everywhere. And it happens when you least expect it. For instance, if your adult novelty toy company rents out sex dolls, there are things you can do to mitigate risks. The owner of an Edmonton sex doll rental company notes, “The safety of our clients is of the utmost importance. All of our dolls are 100 percent sterilized after every use by professional cleaners using specialized equipment,” it states. “Additionally, the use of a barrier device with the dolls is mandatory.”2
Meanwhile, for an adult novelty toy company that manufactures and/or markets internet-connected sex toys, risks can be complex. Internet of things security expert notes, “Part of the risk in smart sex toys and other IoT products…is that the internet is integrated into industries that don’t have much expertise in cybersecurity.”3 The security expert “and her colleagues filed a complaint with the Federal Trade Commission after researchers revealed how woefully easy it was to break into a $249 Siime Eyevibrator from Svakom. The toy included a small camera on one end to record video to send to a partner. If you were within the dildo’s WiFi range and figured out the password, you had access to the footage.”4
Get covered. Get insurance for an adult novelty toy company now.
There are many risks that adult novelty toy companies face. That’s why it is so vitally important to ensure that the commercial insurance you buy for your adult novelty toy company is precisely aligned with the unique and specific risks your business faces.
Get ALIGNED with adult novelty toy coverage
We have strong relationships with 65+ of Canada’s top insurance companies so we can provide choice and options to all of our clients. ALIGNED insurance brokers understand the specific risks and exposures that companies in the adult novelty toy industry in Canada face. We’re proud to help Canadian adult novelty toy companies get ALIGNED with the best coverage.
Sources: 1,2 CBC News: Edmonton sex doll rental business could help people fulfil sexual needs, experts say;3,4 Elle.com “Is your sex toy spying on you?