What Does Manufacturers Insurance Cover?
Our key covers include:
Business Interruption Insurance
Business interruption insurance coverage can cover your manufacturing business against loss of income resulting from a pre-insured event.
If such an event disrupts the operations of your manufacturing unit or results in temporary closure, business interruption cover will compensate you for an outgoing expense such as rent, wages, bills, loans and mortgages.
Directors’ and Officers’ Liability
Directors’ and officers’ liability insurance protects the officers and directors of manufacturing businesses from claims by covering legal costs.
Employers’ liability insurance is a legal requirement in the UK for businesses that hire staff and protects your company against injury or loss claims filed by employees.
A periodic service required to ensure that the plant and machinery installed at your inspection unit are functional and safe to use.
Goods in Transit
Goods in Transit cover is a special type of insurance policy designed to protect any merchandise against theft or damage during the packaging or transit phase.
An insurance policy that compensates for the cost of repairs or replacements after machinery breakdown. It covers equipment such as refrigeration units, boilers and pressure plants.
Marine cargo insurance protects any merchandise against damage or loss during transit by sea.
Material Damage Insurance
Material damage insurance consists of a combination of covers that protect a business owner against damage or loss of physical assets such as buildings, contents, stock, equipment, plant, fixtures and installations.
Protects your company’s vehicles in the event of an accident that results in physical damage or injury.
Product recall, a standard risk that most manufacturers face, can have serious consequences for the business. Product recall insurance covers the expenses that arise when a manufacturer has to recall a product from the market.
Public and Products’ Liability
Public liability insurance covers manufacturers against property loss or injury claims filed by members of the public.
Products’ liability is a special cover that protects manufacturers in case their product causes injury or damage to people or property.
A specialist insurance policy that covers products in transit and storage, all the way to their final destination.