Manufacturing insurance is designed to incorporate a number of covers to ensure comprehensive protection for your business. We understand that no two manufacturing businesses are the same and each comes with its own complexities and risks. Manufacturers insurance can be tailored to your individual business needs – making your insurance as unique as your business is.
Typically, manufacturing insurance can cover your buildings, machinery, stock and raw materials, as well as your clients, your staff, and many other trading activities.
Liability insurance protects against accidental injury or damage to your property. So if a visitor fell over at your premises, your public liability insurance will typically cover any compensation awarded as a result if you are found negligent. Similarly, if a member of staff injured themselves at work whilst using machinery or tools, employers’ liability can safeguard against damages awarded against you.
Your machinery is essential to ensure your business runs smoothly, and if something were to happen then this can have a major impact on your business continuity. Safeguarding against insured events can help protect your business, and business interruption cover ensures that should the worst happen, your profit and fixed expenses are covered while you get back up and running.
Machinery is a key part of your business, and as well as protecting against fire, theft, flood damage and other perils, we can also arrange engineering inspection and breakdown cover to assist in maintenance and upkeep, and minimise the risk of something going wrong.
As a manufacturer, you are responsible for the products that you produce, should something happen that causes injury or damage whilst in use. Products liability insurance can be arranged to cover this aspect of your trading activities, again protecting your livelihood against compensation awarded against you. This means that if a product you have manufactured causes injury to someone or damage to their property due to being defective, products liability can cover the financial implications as a result.
Whether you’re manufacturing curtains or cabinets, bearings or boxes, we understand the covers you need from your manufacturers insurance to ensure you have the protection you need. So, whatever your manufacturing insurance requirements we can help. Speak to one of our experienced advisors for expert advice and recommendations today or alternatively request a call back.