Risk and Litigation Avoidance in Addition to Liability Insurance for Supplement Makers
According to this informative article by Greg Doherty of LA dietary supplement specialty insurance broker Poms & Associates, insurance costs for commercial general liability, including product liability, have finally leveled off for companies in the dietary supplement business.
However, Doherty warns that due diligence should be discarded when purchasing the insurance, especially in light of ingredient exclusions that are typical in products coverage for supplement makers. Doherty should know, he is a broker specializing in the dietary supplement industry and a member of the Consultants Association for the Natural Products Industry (CANI).
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