Food Processing Insurance – Manufacturer Insurance

Food Processing Insurance
Manufacturer Insurance
By: Allen Financial Insurance Group

Contact us for a no obligation food processing insurance quote today

In today’s highly competitive business environment you need every advantage to succeed.That’s especially true when it comes to selecting your business insurance.You have made a considerable investment in your business and that investment needs protection. We recognize your concern for the quality of your products and safety of your employees. So whether your are a confectioner or a dairy, our Pac Plus program for Food Processing Insurance and Manufacturer Insurance gives you the protection you need and the cost savings you demand. With Allen Financial’s superior line of Food Processing Insurance – Manufacturer insurance policies you get the very best coverage at a highly competitive price.

Food Processing Insurance – Manufacturer Insurance

Insurance for Your Food and Beverage Company

When you are involved in the food and beverage industry, protection for your business is one ingredient nobody can afford to leave out. Allen Financial Insurance Group has over 40 years of experience in the Food Processing Manufacturing Insurance industry. After Chipotle’s fiasco in early 2016, we know the effect a product recall can have on your customers, employees, and reputation. We have specific insurance coverage specifically designed for the unique exposures of Food Processing & Manufacturing.

Did you know that 8,061 regulated products by the FDA were recalled in 2014?1(FDA Enforcement Statistics Summary, 2014 Fiscal Year.) Equipment failure can cause injuries to employees, or food contamination that may result in product recalls, lawsuits, and fines. Disruptions like severe weather, fire, distracted driving, and equipment breakdown can impact shipping and delivery routes, potentially having a negative effect on your company’s brand, reputation and operations.

Can you benefit from this policy?

Candy & Confectionery
Bakery & Bakery Products
Dairy
Frozen Specialties
Fruit and Vegetables
Meat /Poultry
Processed Foods
Wine & Spirits

Food Processing Food Processing Insurance Manufacturer Insurance

Food Processing Insurance – Manufacturer Insurance Coverage

The Business Owner’s Policy or BOP protects your business in a number of ways. It’s a policy that is important for you to know about, because the unthinkable can happen. And you want protection from financially devastating possibilities.

Property Coverage Features

Special Form
Replacement Cost
No Co-Insurance
Deductible Options: $500 to $25,000
Building Coverage Includes:
- Completed Additions
- Fences & Fixtures
- Permanently Attached Machinery & Equipment
- Building Glass
- Retaining Walls
- Owned equipment used to maintain property
- Newly acquired or constructed buildings – $500,000 for 180 days
- Ordinance of Law – $25,000
- Outdoor Trees, Plants & Shrubs – $3,000

Business Personal Property:

Property within 1000 feet of the premises
Improvements & Betterments
Sales Representatives Samples – $25,000
Personal Property at exhibitions – $25,000
Brands & Labels – $25,000
Peak Season – 25% over BPP limit
Patterns, Dies & Molds – $50,000
Theft of gold, silver, platinum and precious metals used in manufacturing – $25,000
Newly acquired business personal property – $250,000 for 180 days
In Transit and at temporary locations you do not own
Spoilage
Temporary Relocation of Property – $50,000 for up to 90 days
Theft damage to rented property
Non-Owned Detached Trailers – $5,000
Transportation of goods by common carrier or owned vehicles including spoilage available

Equipment Breakdown – Included

$25,000 coverage for pollutant contamination
$25,000 coverage for expediting expenses
$100,000 limit to diagnostic, power generating or production equipment (Limit can be increased by endorsement)

Electronic Data Processing

Included in Business Personal Property limit to $50,000 maximum (Limit can be increased by endorsement)
Interruption of Computer Operations – $25,000 aggregate for physical loss to EDP equipment
Worldwide Coverage
$25,000 Transit – Off Premises
$25,000 Newly Acquired EDP
$25,000 Backup Data off premises
$25,000 Electronic Vandalism
Fine Arts up to $25,000 (Limits can be increased by endorsement)
Signs – On premises

Business Income & Extra Expense – Actual Loss Sustained for up to 12 months.

Deductible does not apply
90 day payroll limitation
Manufacturer’s consequential loss – $25,000
Up to 60 days extended period of indemnity
Business Income newly acquired premises – $250,000 for 90 days
Full ordinary payroll available

Additional Coverage Included:

Arson & Theft Reward up to $5,000
Claim Data Expense – Up to $5,000 for appraisal and inventory expenses
Debris Removal – 25% of direct claim amount to maximum of $25,000
Expediting Expenses up to $25,000
Fire Department Service Charge to $25,000 (deductible does not apply)
Fire Protective Equipment Discharge – $10,000 for accidental or intentional discharge
Pollutant Cleanup and removal – $50,000 annual aggregate
Employee Dishonesty – $10,000 (Limit can be increased by endorsement)
Money & Securities – $10,000 (Limit can be increased by endorsement)
Accounts Receivable – Up to $25,000 (Limit can be increased by endorsement)
Valuable Papers – Up to $25,000 (Limit can be increased by endorsement)

Liability Coverage Includes:

Premises & Operations
Advertising & Personal Injury
Blanket Contractual – Oral & Written
Products Liability & Completed Operations
Broad Form Property Damage
Unlimited Defense Costs
Host Liquor Legal Liability
Medical Payments – $5,000
Damage to Premises Rented to You – $300,000
Web Extend for website liability
Limited Worldwide Coverage

Liability Options Available:

Aircraft chartered with crew
Blanket Additional Insured
Blanket Waiver of Subrogation
Bodily Injury – Amended Definition
Broadened Named Insured
Incidental Medical Malpractice
Injury to co-employees and co-volunteers
Knowledge and notice of occurrence
Non-Owned Watercraft increased to 50′
Personal Injury – Assumed by Contract
Employee Benefits Liability
Garage keepers Legal Liability – Available by endorsement
Hired & Non-Owned Auto – Available by endorsement
Umbrella

WORKING TO CONTROL COSTS

With our BOP, you can reduce your premium costs by choosing a higher deductible. We offer a wide variety of deductible options, from $250 to $5,000. What’s more, we offer substantial discounts to businesses in buildings equipped with sprinklers and superior construction.

FLEXIBLE PAYMENT PLANS

You also have a choice of payment plans to make it easy on your budget. Ask us about the flexible payment options we offer.

SUPERIOR CLAIMS SERVICE

Settling a claim has never been easier. Allen Financial Insurance Group has claims offices throughout the nation to provide fast, accurate claims service. We’re among the top-rated insurers in handling claims. In fact, 96% of our customers rate our claims service as excellent.