Regardless of location, raw materials or end product, the five most important considerations for manufacturers seeking insurance cover are:
- A consumer seeking compensation from you due to safety defects in your product.
- The effect upon the business of any serious disruption in production by fire and mechanical failure.
- Suppliers not being able to provide key components on time or at all.
- Damage to assets
- Employees making Workers’ Compensation claims against you due to injury or sickness at work