Our staff brings decades of experience in product development, claims handling, underwriting and service. For all workers, you will require employers liability insurance, even for part-time, temporary or contract staff. This can assist in covering the costs related to an employee being injured while working for you and any subsequent legal action that may be taken as a result. See where E&O coverage can provide manufacturers protection where general and product liability can’t. If you manufacture electrical distribution equipment, commercial lighting, generators, motors, switchgears or transformers, Travelers offers manufacturer insurance policy options tailored for your industry-specific needs.

Common risk factors involved include accidents, theft and fire-related damage. The cover itself will need to fit your business’s operation, with options available for machinery in transit, hired machinery and machinery breakdown. Across the manufacturing and engineering industry, the diverse range of processes and products provide a varying array of exposures. Whether it’s the high-risk nature of the process itself providing the threat of injury or industrial disease to the employees, or the precision-machined component part that maybe incorporated into a safety-critical mechanism. Click here illinoismanufacturing.net

The products you manufacture can carry risk, from food and drink-related illnesses to loose parts on children’s toys. Product liability insurance can protect manufacturers from claims for injuries caused by your products, or third party damage you’re held responsible for. Whether looking for protection against environmental concerns, product recalls or breakdowns, Great American offers many specialized manufacturing insurance solutions.

If you choose to pay by Direct Debit, our credit provider, Premium Credit, pays Simply Business the full amount for your policy up front. In case you or anyone you’ve covered has an accident, at work or off-duty. The manufacturing landscape has become increasingly globalized as a result of digitization and the adoption of a more customer-centric mindset.

We have the coverages and services manufacturers worldwide need to conduct their operations and maximize productivity. Many insurance policies only cover your operations when they’re carried out on your property, so when installation is a major part of your job, you may want to consider coverage known as Installation Floater. This coverage protects against losses caused by common installation hazards, either en route or at the install location. Whether you work with corn, carrots, or canola, your farm faces different risks and challenges than other types of manufacturing companies. We’re here to help protect your livelihood with coverage to address problems that can arise in the fields. Whether you manufacture small parts or larger components, you face risks at every step of the manufacturing process – from raw goods to finished products.

If your manufacturing business has employees, regardless of how many, it’s a legal requirement to have employers’ liability insurance in place. For more than a century, a broad spectrum of manufacturing businesses has relied on us to help protect their employees, equipment, products, facilities, and customers. General liability insurance for manufacturers covers a variety of different scenarios. It is the overarching insurance policy that covers bodily injury and property damage you may cause others due to your business operations.

Our teams take a consultative approach to develop practical, holistic risk mitigation strategies specific to the manufacturing industry. With flexible program options including guaranteed cost, large deductible, retrospective, aggregate stop loss, or captive, our underwriters are prepared to design solutions that meet manufacturers’ needs. For example, a faulty zip on a child’s jacket which could create a choking hazard, or peanut contamination in a food product.

As uncertainty comes in many shapes and forms, it’s time to think about new exposures for which you may not be fully prepared. Personal accident cover – benefits of up to £10,000 paid for an accidental bodily injury incurred at work resulting in death or disablement. Your underwriting team understands the challenging exposers of the manufacturing and resources sector, so we can adapt and expand our offerings as our customer’ needs grow. This will depend on the type of covered required, however because CFC have a range of solutions we’ll be able to make sure the manufacturer has the right cover in place.

Covering rectification costs, loss of sales, ancillary costs, and reputation protection for a variety of recall scenarios including supplied contaminated ingredient and government actions. Manufacturers operate across a range of industries and while their risks might vary because of this, they are still susceptible to common exposures. Product recalls, delays, business interruption and supply chain issues are all very real and regular occurrences to a manufacturer.

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