Product Contamination

Summary of coverage

Our policy is designed to provide critical coverages for contamination incidents and related exposures not contemplated under the scope of traditional general liability or product extortion insurance. Because we specialize in small to medium size food and beverage risks with sales of up to US $650 million, we can provide a customized policy that addresses the needs of the mid-market segment.

The policy offers business interruption coverage back to pre-incident sales and also covers brand name rehabilitation costs. Numerous other additional expenses are covered, including recall costs, incident expenses and crisis management advice.

Standard coverages:

• First party and customer recall-related expenses, including but not limited to, laboratory analysis, transportation, radio, internet and television announcements, and third-party recall expenses
• Loss of gross profit for a period of up to 18 months
• Rehabilitation expenses
• Value of contaminated products
• Crisis response and consultant expenses, including public relations and recall consultants
• Pre-Recall and Pre-Contamination Expenses
• Unsubstantiated Retailer Costs
• Increased cost of working
• Extortion costs
• Government recall and adverse publicity at full policy limits
• No self insured retention applying to crisis consultant expenses or extortion costs

Optional coverages / services:

• Government determination (enhanced)
• Comprehensive product refusal
• Customer loss of gross profit for a period of up to 18 months
• Third party expense indemnity
• Customer rehabilitation
• Forensic Accounting and Claims Services
• Multi-year policy periods available for select risks at a discounted rate
• No self insured retention applying to crisis consultant expenses or extortion costs
• Up to 10% of the Gross Written Premium can be used for preventative services provided by Sedgwick brand protection