Coverage depends on the facts and circumstances involved in the claim or loss

Please consult with your insurance agent/broker or insurance company to determine specific coverage needs as this information is intended to be educational in nature. Workers’ compensation insurancegives your employees benefits if they get a work-related injury or illness. It can help cover their treatment costs and replace most of their lost wages if they can’t work. We know how hard you work to run a successful manufacturing business.

This material does not amend, or otherwise affect, the provisions or coverages of any insurance policy or bond issued by Travelers. It is not a representation that coverage does or does not exist for any particular claim or loss under any such policy or bond. Coverage depends on the facts and circumstances involved in the claim or loss, all applicable policy or bond provisions, and any applicable law.

Group Business insurance solutions for employers, covering personal accidents, business travel, critical illness and more. Business Income for Off Premises Utility Services coverage helps your business if you can’t operate because of an interruption in power, communications or water services. Covers the cost of repair or replacement in the event of a breakdown or sudden or unforeseen damage. Efficient and experienced claims service and access to our claims helpline available 24 hours a day, 7 days a week. Covers sudden or unforeseen damage as a result of escape of molten material – £50,000 limit. Cover for damage to contents and stock at metal worker’s or customer’s premises – £250,000 limit within the UK and £100,000 limit within the EU. to know more click this link

When it comes to protecting your manufacturing small business, partnering with an experienced insurance company is important. We’re backed by more than 200 years of experience and understand the unique risks the manufacturing industry faces. Whether you have questions about manufacturing insurance costs or need help with a claim, we’ve got your back. You might have safety and organization down to a science in your workspace, but what about when your equipment, employees or products are offsite? Your commercial property insurance won’t follow you wherever your business goes – you may need something more specific when you’re out and about. Each policy is unique, so it is vital to understand exactly what is covered and excluded in your specific policy.

Automatic cover extensions arranged at no extra cost, with specific clauses tailored to customer needs. This blog is provided for information only and is not a substitute for professional advice. We make no representations or warranties regarding the accuracy or completeness of the information and will not be responsible for any loss arising out of reliance on the information.

If you’re unable to open as a result of certain unforeseen conditions, which can include fires and flood damage, this can help cover the lost revenue as a result. Design, development, manufacturing, selling/reselling, installation, consulting, plan specification, labeling, packing, and instructions for use are all examples of activities that could trigger manufacturers’ E&O coverage. For this reason, manufacturing operations come with a lot of potential liability risks. We offer a broad portfolio of insurance solutions specialized to meet the needs of manufacturers. The following list is general guidance regarding Chubb’s appetite for liability risks. For risks not listed below, please contact yourlocal Chubb distribution teamto discuss solutions for a range of occupations and industries.

For example, a faulty zip on a child’s jacket which could create a choking hazard, or peanut contamination in a food product. Both of these hazards may lead to a product liability claim, which can be very expensive for all parties involved. Employers’ liability insurance is required by law if you have people working for you. In the age of Industry 4.0, speed of delivery and time to market is critical to a manufacturer’s success. The need for digital transformation and managing complex risks such as cyber can put a strain on your business.

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