Business Insurance for
Luggage Manufacturer Insurance
The luggage manufacturing industry is worth over $40 billion globally and is still growing. Whether you produce suitcases, backpacks, briefcases, computer cases, or other types of bags, you need to attain luggage manufacturer insurance in order to protect yourself, your employees, and your customers. Before you start looking for a policy, you should get to know the types of coverage that make up this kind of business insurance.
General Liability for Luggage Manufacturers
The general liability portion of your business insurance is important to have because it will pay for the medical treatment of anyone who is injured while visiting your place of work. Similarly, it will cover the medical bills of anyone who is hurt while using the luggage your company makes. If your product somehow damages someone’s personal property, you will need the general liability coverage that comes with your luggage manufacturer insurance policy. And if another company accuses you of copying their ideas, slogans, or advertising content, or even committing slander or libel, liability will cover the lawsuit.