Manufacturing insurance covers a host of different options, which are influenced by the type of business you run and the type of protection you need to have in place. Some of the most common types include:
Employers’ liability insurance
If your business employs staff, you are legally required to have employer’s liability insurance. It gives you protection if anyone is injured or falls ill while working for you.
Public liability insurance
In the event your business causes illness, injury or property damage, public liability insurance can give you the cover you need.
Equipment breakdown insurance
Manufacturing tools and equipment can break down at any time and this type of insurance can give you financial security should you experience any problems.
Business interruption insurance
Should an unexpected event prevent your manufacturing premises from operating, having business interruption insurance in place can give you more security.
Most quotes tend to feature employers’ liability insurance and public liability insurance as standard. Specific manufacturing insurance options are then included based on the level of protection you need to put in place.