Buyer Beware Insurance for supplements requires more knowledge. If you have purchased, or are thinking of purchasing, insurance for supplement products, read on. Especially if your purchase or quote did not include an explanation. Insurance purchases for supplement companies seem to fall into two categories: Proper insurance product but no understanding of key policy features. Inexpensive insurance that will likely … Read More
Rise of Functional Foods & Beverages
Background The variety of food and beverage options continues to advance. Functional foods and beverages are very hot right now. For us, in insurance, functional foods and beverages seem to fall in between traditional insurance underwriting guidelines. Before we jump in, what are traditional underwriting guidelines? The more “science” ingredients a product has the more “standard” insurers are not interested … Read More