Food and drink companies in Canada are experiencing a wide range of changes in their risk environment from regulatory change, cross-border exposure, media and consumer scrutiny, rising standards of food safety – all leading to an increase in the frequency and severity of recalls. We’re therefore delighted to introduce APRIL’s Food & Drink Product Contamination insurance solution, specifically designed to protect your client against foreseeable eventualities such as product contamination.
Target Clients
- Food and drink manufacturers
- Retailers
- Distributorsmporters and co-packers
- Importers
- Co-packers
Coverage Features
- Loss of gross profits
- Recall expenses
- Rehabilitation costs
- Replacement expenses
- Destruction costs
- Third party recall expenses
- Consultant costs
- Additional cover available for:
- Government recall
- Adverse publicity
- Customer’s loss of profit
- Product Recall Liability damages
- Available both stand-alone or with APRIL’s manufacturing package
Coverage Triggers
- Accidental contamination
- Malicious product tamper
- Mislabeling
- Product extortion
- Government recall
Underwriting Considerations – Product contamination
- $ 300m + capacity available
- Minimum premium $ 10,000
DownloadFeature Sheet
Download SheetProduct Contamination
Alexis Giore
Alfa Insurance Brokers
Can always count on you guys for quick quotes!! Thank you!
Matt Salisbury
Cambrian Insurance Brokers Ltd
5 stars for APRIL!
Rod Fox
Lakeview Insurance Brokers
APRIL simply is insurance made easy.