Français | Call Us

Facebook  Linkedin

Login

Western Financial Group
  • Insurance open insurance menu
  • Services open services menu
  • Reviews
  • About Us open menu
  • Contact Us

Find a Broker

Get a Quote

Insurance

Personal Insurance

Car

Home

Renter's

Farm

RV

Boat

Travel

Business Insurance

Start-ups to Mid-size Businesses

Employee Benefits

National Enterprises & Associations

Health & Life

Life

Disability

Critical Illness

Services

Registry Services

Claims

MyWestern

Payment Setup

Reviews

About Us

Diversity, Equity and Inclusion

Who We Are

Executive Team

Western News

Careers

Divisions

Partners

Sponsors

COVID-19 Info

Blog

Western Communities Foundation

Western Coast Insurance

Western Business Insurance

Wyatt Dowling Insurance

Contact Us

Personal Insurance

Car

Home

Renter's

Travel

Farm

RV

Boat

Business Insurance

Start-ups to Mid-size Businesses

Employee Benefits

National Enterprises & Associations

Health & Life

Life

Disability

Critical Illness

View All Products

Services

Registry Services

Claims

MyWestern

Payment Setup

About Us

Diversity, Equity and Inclusion

Who We Are

Executive Team

Western News

Careers

Divisions

Partners

Sponsors

COVID-19 Info

Blog

Western Communities Foundation

Western Coast Insurance

Western Business Insurance

Wyatt Dowling Insurance

5 Fast Facts about Food and Beverage Manufacturing Insurance

5 Fast Facts about Food and Beverage Manufacturing Insurance

You provide food, snacks and drinks. Consumers count on them to be safe, fresh, and tasty for every purchase they make.

As a food or beverage manufacturer, you need to be protected with the right insurance package for potential problems and liabilities in your industry.

Here are 5 fast facts that you need to know about a food and beverage manufacturing insurance package:

  1. Commercial Liability Insurance (CGL): It covers claims made against your food or beverage processing plant for injuries or accidents that occur on your premises, such as a customer slipping and falling. The usual minimum required in CGL is at least $2 million in coverage and large operations would require more.

CGL may also include product liability insurance, which is necessary for you as a food and beverage producer. This covers you for claims or legal action against you for any food or beverage item you manufacture, distribute, or sell.

  1. Product Recall Insurance: This helps you recover the cost of recalling products that pose health risks to consumers due to a defect, whether the recall is voluntary or ordered by a government or regulatory agency. Product recall insurance helps cover your such things as disposal and restocking costs.
  1. Commercial Property Insurance: It covers damage to your plant’s physical property, such as the building, equipment, and furniture. It also provides coverage for your property if you experience damage or loss because of theft or vandalism.
  1. Equipment Breakdown Insurance: It covers machinery from costs associated with electronic or mechanical malfunctions, such as a refrigeration unit breaking down suddenly or accidentally due to an insured peril.
  1. Cyber Liability Insurance: It helps you deal with a cyberattack, data breach, phishing, or ransomware attack. This type of insurance can help recover stolen data and repair damaged computers and networks, and it can help restore stolen customer information.

Canada has more than 7,800 food and beverage manufacturing and processing companies. It’s the second-largest manufacturing industry in the country in terms of the value of production.

GET A QUOTE

Recent Blog Posts

Western Launches its Women in Leadership Program
Western Launches its Women in Leadership Program

March 30, 2023


Happy Spring! How to Navigate Potholes
Happy Spring! How to Navigate Potholes

March 29, 2023


Spring Cleaning Tips for People Who Hate Cleaning
Spring Cleaning Tips for People Who Hate Cleaning

March 21, 2023


Call Us

Sales
Personal Insurance

1-866-860-1958

Business Insurance

1-866-860-1947

Life Insurance

1-888-594-3105

General Inquiries
and Services

1-866-245-2779
Mon-Fri: 8am-8 pm MT
Sat: 9am-6 pm MT

Claims

1-866-245-2779
Mon-Fri: 7:30am-4 pm MT
Sat: 9am-6 pm MT

1-877-599-7299
(After Hours)

Western Financial

About

Our Story

Executive Team

Careers

MyWestern Login

Mergers and Acquisition

Western Communities Foundation

Western News | Sitemap

Products & Services

All Insurance

Personal Insurance

Business Insurance

Health Insurance

Award Winning Brokerage

IBC Top Brokerage Top 100 Seal 2023  Top 100 Seal 2022

Privacy / Legal  |  Accessibility Guidelines |  Fair Treatment of Customers Policy |  Terms of Use  |  Compensation Disclosure  | Whistle-Blower Policy |  Complaints Process  |  Sitemap


2020 Western Financial Group. All rights reserved.

2023 Western Financial Group. All rights reserved.