Any major or partner insurer willing to undertake the risk
PRODUCTS & Public Liability Retailer of Wellness Products Liability Limit: €1,000,000 👉 Est. Cost: €3,500–€3,800 Down Payment Required €370
PRODUCTS & Public Liability Retailer of Wellness Products Liability Limit: €1,000,000 👉 Est. Cost: €3,500–€3,800 Down Payment Required €370
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Insurance Coverage - Retailer of Wellness products turnover 5-7 million / Protection for Your Products and Business
Suitable for a Turnover: €6 million or less.
Total Liability Limit: €2,000,000
Clause 1: Product Liability
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Liability Limit: €1,000,000
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Deductible / Excess: €10,000
Clause 2: General Liability - All Combined Sectors
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Total Liability Limit: €2,000,000
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Liability Limit: €1,000,000
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Excess: €10,000
Section B: Personal and Advertising Injury
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Total Liability Limit: €1,000,000
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Excess: €5,000
Section C: Legal Liability for Rentals
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Total Liability Limit: €1,000,000
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Excess: €5,000
Product Description & Processes
The client purchases the final products from a supplier, applies their brand name on the label, and sells them to the final customer. According to regulatory standards in the industry, all ingredients used in the products are provided with analyses compliant with pesticides, heavy metals, and microorganisms. Raw materials are also inspected and final products based on the control plan (following HACCP guidelines).
Insurance Duration:
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12 Months for 100% of the annual premium.
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Insurance Providers: Lloyd's Insurance Company SA and other CFC Europe insurers.
Clause 3: Product Recall
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No Coverage Provided.
Clause 4: Government and Confidential
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No Coverage Provided.
Dietary Supplements v1.1
Insurance for local and supplementary products. The wording is issued only in English!
Premium Breakdown:
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Product Liability: €2,500.00
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General Liability: €1,000.00
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Management Fee: €175.00 EUR
Subjectivity pre-binding - Confirmation of product testing for contaminants, adulteration, consistency & label conformity (the act of adding inferior, harmful, or unauthorized substances to a product to reduce its quality, value, or purity, usually for financial gain)
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