Insurance for Food Business Stability
Helpful Facts
- Executives in the food industry face market unpredictability due to climate change, economic instability, and geopolitical events.
- Product recall insurance is critical for protecting food businesses from costly recall incidents.
- Business interruption insurance helps maintain financial stability by covering income loss during unforeseen disruptions, ensuring continued operations despite market challenges.
- Trade credit insurance safeguards cash flow by covering non-payment risks, allowing food businesses to confidently offer credit terms and pursue market expansion.
- Commercial property and cyber liability insurance protect physical assets and digital data.