Canopy Vitamin & Nutraceutical Business Insurance
Lawsuits against vitamin and supplement companies are expensive. If someone files a lawsuit against your business, will you be able to afford the cost of a bodily injury claim? What about the cost to defend against a lawsuit? Vitamin and dietary supplement insurance can protect your business from otherwise devastating claims.
With an efficient, streamlined process, Insurance Canopy can provide you with a quote within 48-72 hours. Our team has over a decade of experience in the insurance industry and can help you meet needed insurance requirements. They can help you understand the details of your business, answer any questions you may have, and help you focus on what’s important--your business.
Succeeding in the ecommerce industry means consulting with professionals who can help you progress and meet industry standards. Our agents are well-versed in the needs of cleaning products designers, manufacturers, and distributors, and can help you find the necessary coverage for your specific business.
Navigating retailer contract requirements in relation to insurance can be confusing. We can help you understand what you’ll need to break into the retail space. With years of experience reviewing the insurance portion of retail contracts, our agents can help you understand what your business needs to meet these requirements.
|Limits of Liability|
|General Aggregate Limit
The most your policy will pay for bodily injury and property damage claims occurring within the policy term that you become legally obligated to pay due to your business services.
|Products & Completed Operations Aggregate
The maximum amount your policy will pay for bodily injury and property damage claims occurring within the policy term that result from the products you use to perform your services. However, it does not cover your products that are sold or distributed.
|Personal & Advertising Injury
The amount that your policy will pay for claims arising out of one or more of the following offenses:
|Each Occurrence Limit
The maximum amount paid per incident during the term of the policy.
|Damage to Premises Rented to You
Applies to damage by fire to premises rented to the insured and to damage regardless of cause to premises (including contents) occupied by the insured for 7 days or less.
May provide protection from losses resulting from a data breach or the loss of electronically-stored confidential information.
*Other limits available on underwriting approval.
- Start-ups and New Ventures Welcome
- Minimum Premium - $2,500
- Minimum Deductible - $2,500
- Limits up to $25 Million
- Manuscript Endorsement
- Worldwide Coverage
- Additional Insured Endorsements
- Product Withdrawal Expense
- Pollution Legal Liability
- Employee Benefits
- Privacy/Data Breach
- Most Ingestible Supplement, Herbal, or Vitamin Related Products
- Compounded Herbs
- Non-Compounded Herbs
- Energy Supplements
- Protein Supplements
- Body Cleansers
- Bodybuilding Supplements
- Topical Creams
- Weight Loss Products
Questions about Vitamin and Dietary Supplement Insurance
Product liability insurance for Vitamin and Dietary Supplements protects those who produce, manufacture, distribute or sell Vitamin and Dietary Supplements from liability claims that may arise from their products’ exposure to consumers. If your product causes bodily injury or property damage to another person or piece of property, you could be held responsible for the costs associated with those damages. Defense costs alone could put a business under.
Product liability insurance can protect your business from claims arising from your Vitamin and Dietary Supplements that have been sold in the marketplace. Every product carries unique risks, and Insurance Canopy can help protect you against those risks.Get a quote today
The baby product you sell exposes you and your business to lawsuits. The median product liability award in 2017 was $1.5 million. One of the main issues business owners have faced and continue to, is concerns around liability arising from their products and operations. In our litigious society, more and more third-party lawsuits are being filed, and you can’t keep your business exposed to that risk.
Under the definition of "strict liability," a person who is injured by a product may be entitled to compensation for their injuries without showing that the manufacturer or seller of the product was actually negligent. Attorneys costs, court fees, medical bills, and settlement costs can accumulate at a staggering rate. Not having liability coverage puts everything you have built at risk.Get a quote today
The cost of product liability insurance is much more cost effective than the amount you’d have to shell out if your business was involved in a lawsuit. The cost of liability coverage for Vitamin and Dietary Supplements businesses is based on many variables which include: the product you manufacture, distribute or sell, the volume of sales, where your organization fits in within the chain or commerce, geographical location, and so on.
Our agents can help you find the best competitively-priced premium for your policyGet a quote today
Your product liability insurance policy for vitamin and dietary supplements can be tailored to fit the unique needs of your business. We'll provide coverage options for your product liability policy based upon the exposures that you may have.
Our coverage offers vitamin and dietary supplements companies limits of up to $25 million for general liability, product liability, and excess liability. Be sure to ask your agent about any other insurance you think your business may require.Get a quote today
Yes! Vitamin and Dietary Supplements Insurance is an important part of your business and is designed to protect you from the financial fallout associated with a lawsuit. The legal costs of a suit alone could be financially devastating.Get a quote today
You can’t afford gaps in your coverage that could put you out of business.
Need additional information before making a decision?
Give our team a call today at 888.600.0894
Vitamin & Supplement Insurance
A Safe Company Is A Healthy Company
Quickly apply for an easy and fast quote, or give our experienced agents a call for help with any questions or policy tailoring needs. Avoid the risk, get protected today.