Nutraceutical Insurance Program Details
NutraInsure is an insurance program designed specifically for nutraceutical companies that manufacture, import, and/or distribute dietary supplements, herbal products, and cosmetics.
BROAD COVERAGE AND HIGH LIMITS
- General Liability, Products, and Completed Operations
- Upto $20,000,000 in coverage available
- Premiums starting at $2,000 per year
- Best in Class Insurance Carrier (A+ Superior A.M. Best Credit Rating)
SUPERIOR INSURANCE POLICY
The Best Insurance Policy for Nutraceutical Companies Includes:
- Additional Insured Endorsement for Vendors
- Errors and Omissions Coverage
- Prop 65 coverage
- Waiver of Subrogation Endorsement
- Primary and Noncontributory Wording
- Clinical Trial Coverage
- Identity Theft Coverage
- Punitive Damages Where Allowed By Law
- Medical Payments
- Damage to Rented Premises
- TRIA (Terrorism Coverage)
Nutraceutical Insurance Program Coverages
See how NutraInsure's superior insurance coverage can help your business
Additional Insured Endorsement For Vendors
This coverage protects vendors that distribute or sell your insured products.
Waiver of Subrogation Endorsement
Subrogation allows an insurance carrier to “Step into your Shoes” and pursue payment for losses cause by a third party. The Waiver of Subrogation means that the insurance carrier will pay out your insurance claim but is not allowed to pursue legal action against the cause of that claim.
Punitive Damages Where Allowed By Law
NutraInsure will cover punitive damages – meaning that if a lawsuit is brought against you and the judge decides to award punitive damages above and beyond those required to compensate the plaintiff, it will be covered .
Medical Payments
NutraInsure covers not only property damages but also any medical payments that could arise due to bodily injury or death.
Damage to Rented Premise
NutraInsure covers damage to any premise that you are renting from another party.
TRIA (Terrorism Coverage)
If you suffer any losses due to an act of terrorism, NutraInsure covers any damages and loss of income.
