Product Recall Insurance Shellfish Farm Insurance

 Liability Insurance Shellfish Farms  Comments Off on Product Recall Insurance Shellfish Farm Insurance
Oct 092015

Product Recall Insurance for Shellfish Farms Now Available.

Product Recall Insurance Shellfish Farm InsurancePurchasing product recall insurance for your shellfish farming operation is a smart decision and we can help!

Call Duncan and Associates Insurance Brokers at 800-228-8291 or click on Product Recall Insurance to submit your request for information and product recall insurance quotes.

Our company specializes in providing insurance for shellfish farming operations throughout the United States, including product recall insurance.

The Typical General Liability Insurance Policy Excludes Product Recall, Learn Why.

Coverage for product recall is not covered by the common general liability insurance policy.

Please note how this exclusion reads in one general liability insurance policy:

Recall Of Products, Work or Impaired Property

Damages claimed for any loss, cost or expense incurred by you or others for the loss of use, withdrawal, recall, inspection, repair, replacement, adjustment, removal or disposal of:

(1) “Your product”;

(2) “Your work”; or

(3) “Impaired property”;

If such product, work, or property is withdrawn or recalled from the market or from use by any person or organization because of a known or suspected defect, deficiency, inadequacy or dangerous condition in it.

So as you can see product recall is excluded under the typical shellfish business insurance policy, however specific product recall insurance is available.

Why Purchase Product Recall Insurance for Your Farming Operation? 

Unfortunately product recall is becoming more frequent. 

One insurance company listed five reasons why companies should strongly consider purchasing product recall insurance:

#1 – It happens more frequently than you think.

#2 – Government oversight is stronger today.

#3 – The costs are prohibitive to businesses.

#4 – The mistaken belief it won’t happen to your company.

#5 – Product recall insurance is the first line of defense.

Probably the biggest mistake shellfish farming companies make is dismissing the idea that a product recall will not happen to their business.

What type of cost would you incur for a product recall?  Could your business absorb a complete harvest recall and survive financially?

Questions that are important for you to think about.

We Offer Product Recall Insurance for Shellfish Farms!

In addition to standard general liability insurance for shellfish farming operations we can provide shellfish product recall insurance.

Call us to discuss your needs for Shellfish Farming Insurance by calling 800-228-8291 or you can send us your request online by clicking Liability Insurance for Shellfish Farms.

Liability Insurance Shellfish Farms

 Liability Insurance Shellfish Farms  Comments Off on Liability Insurance Shellfish Farms
Sep 072015

Liability Insurance for Shellfish Farms – One Call or Click Away!

Liability Insurance Shellfish FarmsIf you own or manage a shellfish farming operation Duncan and Associates Insurance Brokers can help you find the better options on Liability Insurance for Shellfish Farms.  

Call us at 800-228-8291 during normal business hours Monday through Friday 9 AM to 5 PM.

Or you may submit your request for quotes and information by clicking on Shellfish Liability Insurance. 

Liability Insurance can be combined with your business property and other commercial insurance endorsements needed to protect your business from claims and lawsuits.

Why Do You Need Shellfish Liability Insurance?

Shellfish liability insurance is similar to other types of commercial liability insurance providing coverage for bodily injury and property damage for claim events not excluded in the general liability insurance policy.

Example: As a member of the National Association for Aquatic Farmers you host events on your farm to encourage additional membership and occasionally you invite politicians who are friendly to the Shellfish Farming Industry.

Marcia Gibbons an intern working for a state senator is injured at your event when she catches her foot on the edge of your hopper conveyor that she was passing by.

Marcia loses her balance and hits the concrete floor resulting in a trip to the local emergency room and a three day hospital stay for her concussion.

Will your business liability policy cover Marcia’s injury? 

Please Note How One Policy Describes Coverage: 

We will pay those sums that the insured becomes legally obligated to pay as damages because of “bodily injury” or “property damage” to which this insurance applies. 

Slip and fall accidents are more common than you might imagine and account for a number of injuries to customers, visitors, and employees each year.

Because Marcia was attending an event at your shellfish farm it is possible coverage would apply. 

Naturally it’s important to initiate as many safety protocols as possible at your place of business, however accidents can and will happen leaving you as the business owner potentially responsible. 

Need Liability Insurance for Your Shellfish Farm? Contact Us Today! 

We specialize in providing insurance for shellfish farming operations. 

Call us today at 800-228-8291 during normal business hours or use our online system to send us your request for information quotes by clicking on quotes on shellfish farm insurance.