Product Recall & Contamination

Food contamination is common

Food contamination and product recalls, whether accidental or malicious, can have a devastating effect on a company’s reputation and bottom line. There are several coverage solutions designed to protect your interests.

Food contamination is almost inevitable

Companies are learning that food-related problems are almost inevitable. Our food insurance experts will provide you with contamination coverages that offer protection to companies throughout the entire food commerce chain, including processors, distributors, and retailers.

What does food contamination insurance cover?

Food contamination insurance coverage can cover:

• Accidental product contamination
• Malicious product tampering
• Product extortion demand
• Identifying the right coverage for your business interests and risk tolerance

Contamination coverage

• Pre-recall expenses to identify cause, conduct lab testing and engage crisis consultants.
• Recall expenses, including third-party, media costs, transport, storage, and redistribution.
• Post-recall costs pertaining to loss of profits, rehabilitation, adverse publicity and cleaning costs.
• Customer loss of profit.
• Government recall.

Are you prepared?

With the staggering number of food product recalls trending in Canada and the USA, a product recall event could hit your business hard and fast and can affect a company’s financial stability and brand reputation. Food processors are passionate about their products and do everything they can to protect the public, but with the globalization of supply chain and ongoing regulation updates, it’s imperative that business interests are covered.