Food and drink recalls happen all the time. Reasons are myriad, ranging from a simple mistake on the label to a contamination that could make someone seriously ill. One of the most infamous of late is the 2017 recall of Bombay Sapphire gin, which contained 77% alcohol while the label stated an alcohol content of only 40%. Others include a large recall in May 2017 in Ontario for meat possibly tainted with E-coli, and a recall of sandwiches made by Edmonton-based HQ Fine Foods at the end of December.
Canada Food Inspection Agency posts all food recall warnings, so it’s worth checking their site often if you are a restaurant or food store owner.
If you have invested a large amount of funds in a certain type of food or drink because it’s popular and your customers expect it, a food recall can be a major disruption to your business. Not only are there transactions lost, but also it could result in damage to your business’s reputation. Worse, even if you are doing everything right for your food and beverage business, sometimes there is nothing you can do to prevent serving or selling a contaminated or bad product. If someone becomes ill after eating contaminated food from your business, you could be found liable.
Food and beverage business insurance is a form of additional commercial liability insurance that can help protect you in the case of an unfortunate incident such as this. For most commercial liability insurance policies there is a subsection that includes product recall. However, these are usually subject to special limits that are quite low. Whether you own a chain of restaurants, a small café, a food truck or a catering business, Lane’s insurance brokers are able to answer your questions and provide options for commercial liability and food and drink insurance in Calgary.
More on Alberta Commercial Liability Insurance
Businesses have complex needs when it comes to commercial liability insurance. General commercial liability policies are there to protect you if you are found legally responsible for financial damages arising from:
- Accidents on your business site
- Accidents that occur on a customer’s property while you are delivering company services or products
- Injuries caused by your products or services
These policies cover bodily injuries, medical expenses, property damage, and personal injury caused by libel, slander, or advertising. However, general commercial liability policies are exactly that — general. Depending on the nature of your business, you may need more specific types of liability coverage.
How to Avoid Gaps in Your Liability Insurance Coverage
The best way for individuals and businesses to ensure that they don’t have any insurance gaps is to maintain a type of coverage known as umbrella insurance. As the name suggests, umbrella insurance policies are products that serve as a “catch-all” for situations not specifically covered by the various types of insurance you’re already carrying.
Trust Lane’s for Helpful Advice on Liability Insurance
Life is full of surprises, and not all of them are good ones. You’ve worked hard to grow your business through difficult times, and you need to protect that investment with the right commercial insurance.
Lane’s Insurance is staffed by some of the leading insurance brokers in Calgary. As brokers, the professionals at Lane’s work for you, not for the insurance companies. Thus, you can always be sure that they are working to protect your best interests, and are delivering the insurance products you need for the most competitive available rates.
Commercial policies available through Lane’s include:
