Insuring Your Business - March 2014

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In This Issue:

- Is That Covered? Timely Reporting of Food Claims

- Business Interruption Coverage for Food Recall Claims

- Excerpt from Is That Covered? Timely Reporting of Food Claims -

When food producers and distributors are faced with a product recall, one of the most common questions is: How soon, if at all, do you report the claim to your insurance company? The answer is simple—you should be reporting those claims as soon as possible. Otherwise, you face the possibility of having your insurance company deny the claim for failure to provide timely notice.

Please see full issue below for more information.

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Topics:  Business Interruption, Commercial General Liability Policies, Food Manufacturers, Food Recalls, Food Safety

Published In: General Business Updates, Insurance Updates, Products Liability Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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