Manufacturing & Wholesale Insurance

manufacturing insurance 3 construction workers

When a product is manufactured, it always comes with its own unique set of risks and exposure.

We can help protect the products you manufacture with tailored insurance that perfectly suits your needs.

Common coverages for Manufacturing and Wholesaling 

Business interruption insurance

Business Interruption Insurance compensates you for your lost income while your business is closed due to an insured direct physical loss. It replaces your loss of income or profits until you’re back up and operating again.

Typically, Business Interruption Insurance coverages would include:

Extra Expense Coverage:

This form of coverage insurers against payment of additional expenses while operating in temporary quarters due to damage to buildings or contents by an insured peril.

Gross Earnings Coverage:

A form of insurance which covers the reduction of gross earnings (total net sales less the cost of goods sold) during the period that a business is shut down following damage by an insured peril. Coverage however, only applies until the doors open again for business.

Profits Coverage:

This form of coverage continues until the organization profits have returned to the same position as they were prior to the loss occurring subject to an indemnity period which is usually 12 months.

Rental Income Coverage for Landlords:

A form of business interruption insurance designed for landlords to cover the loss of rents when leased property is made uninhabitable due to damage by an insured peril.

Commercial General, Umbrella and Excess Liability

Commercial General Liability Insurance is a standard and common insurance policy issued to businesses and organizations to protect them against liability claims. 

Commercial General Liability or CGL insurance protects you and your business against claims for bodily or personal injuries, advertising liability, as well as property damage to third parties arising from your operations or products or occurring on your business premises. In the event you are sued for any claims arising out of the above, this protection would cover the legal costs to defend the claim against your business in court, as well as indemnity costs to cover damages to compensate third parties.

The typical CGL Insurance policy contains numerous types of coverage including:

  • Bodily injury 
  • Property damage 
  • Products liability 
  • Current and completed operations
Commercial Property insurance

Commercial Property Insurance protects you against loss or damage such as a fire, theft, vandalism and more. This important protection covers the physical assets of your business inside and out, including buildings, inventory, electronics and equipment, as well as exterior fixtures.

  • Contingent Business Interruption
  • Crime
  • Manufacturer’s Errors & Omissions
  • Product Recall
  • Spoilage