The popularity of supplements is on the rise and it makes sense why your clients want to jump into this fast-growing market. Whether your client is a nutraceutical manufacturer, importer, distributor, or wholesaler, each of them have unique exposures related to their businesses. Your clients can do their very best to ensure their product goes through the proper checks, but there may be some checks that may fall through the cracks. On top of the exposures, you are well aware that your clients also run the risk of third-party injuries and lawsuits. Every business owner needs insurance protection and that’s where you come in with nutraceutical insurance.
Nutraceutical Insurance From Veracity
Veracity Insurance Solutions provides worldwide comprehensive insurance programs for companies in the vitamin, supplements, and nutraceutical industries. Our exclusive nutraceutical insurance program offers some of the broadest coverages available on the market. This type coverage can cater to your clients involved in the nutraceutical space. Companies selling both domestically and internationally have created additional exposures and can be addressed with a nutraceutical insurance policy from Veracity.
Program Highlights
- Minimum Premium as low as $2,250
- Deductibles as low as $2,500
- Limits up to $25 million
- Covers CBD/hemp
- Available coverages include additional insured endorsements, product withdrawal expense, pollution legal liability, employee benefits, and privacy/data breach
Consider Working With Veracity
By choosing to work with Veracity, you are working with a company that has over a decade of experience in insuring businesses and placing a wide range of clientele, such as start-up businesses and hard-to-place clients. Since we work with in-house underwriting, we offer fast turnaround times and can give you the competitive edge you need. We strive to create a positive experience with our customers and walk you through our process. You can rest assured that there are no surprises with us and you get exactly what you expect from our brokers. Our team can create customizable policies for various industries and your clients can have peace of mind their greatest asset is protected.
Contact your broker to learn more about Veracity’s nutraceutical insurance program today!