4. Product Liability Insurance
As an infused product manufacturer, you are liable for the products you make. Customers can claim that they have noticed negative side-effects or that they have sustained injuries as a direct result of using products manufactured by your company – and they can file lawsuits against you. You can be held liable for design errors, manufacturing problems or inadequate instructions on labels. Product liability insurance covers your legal fees in the event of a lawsuit, as well as compensatory and punitive damages.
Marijuana Insurance Agent can tailor your infused product manufacturers insurance to fit your company’s specific needs. You can receive a quote after a careful assessment of your manufacturing business, employees, and insurable risks.