Contamination insurance

If your business is associated with food, cosmetics, tobacco and pharmaceutical products, it is advisable to take out insurance for contamination of these products. This could mean accidental contamination, or intentional contamination associated with extortion and ransom demands. Releasing contaminated products onto the market poses a high risk of damage to your company’s reputation, loss of markets, and existential consequences. The insurance covers lost profits, costs associated with the withdrawal of products from the market, costs of consultants, restoration of reputation, etc.