Dietary Supplement Insurance helps protect your business and unique products you sell.

You’re on a healthy mission. Consider dietary supplement insurance that’s unique to your supplement business.

Why dietary supplement companies should have insurance coverage.

Regardless of FDA requirements, you should have dietary supplement insurance to cover potential lawsuits or claims filed by clients taking your goods. Even if you are not actually “making” the product, if your brand name is on the label, U.S. courts may still consider you a manufacturer.

Who needs dietary supplement insurance?

Whether you are selling or making dietary supplements, you should consider acquiring dietary supplement insurance coverage. Dietary supplement insurance is designed to protect you and your business from any lawsuits that may arise from either the sale or distribution of dietary supplements. While some states may not require sellers and distributors to have dietary supplement insurance, it can be a risky move. Please note, we can provide $0 deductible policies if your annual sales are under $1,000,000, per Amazon’s updated requirements. Below is a list of who should consider getting covered. Anyone manufacturing or selling:

Industries who should acquire a policy.

Below are some top industries that should acquire a dietary supplement insurance policy:

What does dietary supplement insurance cover?

Commercial general liability, or CGL, is considered the most basic coverage it protects businesses from property damage, bodily injury, legal defense, medical expenses, and personal and advertising liability.
Product liability insurance covers costs a company may face from claims made for side effects, allergic reactions, injuries, and company negligence.

How much does dietary supplement insurance cost?

Southern States Insurance has access to many nutraceutical insurance providers, meaning we can offer multiple coverage and pricing options so you can choose what’s best for your company. Costs can vary for dietary supplement insurance, but minimum premiums usually start at $3,000 for most states.

Why do nutraceutical companies need insurance?

Starting a nutraceutical business can be complicated, and insurance is an aspect that your business cannot afford to ignore. Selling or distributing supplements can bring great benefits to the consumer, but also have the potential to cause harm. Supplements contain various ingredients that do not always benefit the consumer. Any dietary business should not risk the legal claims that may arise.

Common risks vitamin and dietary supplement companies face.

Which ingredients does the policy cover?

Many nutraceutical insurance policies are filled with exclusions for various ingredients. But we have access to insurance carriers who can waive these exclusions for you. We can provide coverage for the following ingredients:

It is important that you provide your insurance company with product labels and ingredients lists from the beginning, especially if you need private label dietary supplement insurance. Providing all of this information upfront minimizes the potential insurance coverage surprises in the future. Anytime you need to add a product line, you should inform your agent so you can make sure that all the products are covered.

The Right Coverage for the Dietary Supplement Industry

Entrepreneurs with businesses in the nutraceutical industry need to be aware of (and prepared for) a wide range of potential liabilities. Business owners in the dietary supplement segment face unique risks, including claims related to product contamination, false advertising, bodily injury caused by ingredients, and intellectual property issues. All these perils make comprehensive product liability coverage crucial. It’s ideal for:

You don’t have to settle for generalized cookie-cutter insurance coverage that offers everyone the same protections and terms. Southern States Insurance provides tailored insurance solutions, including commercial general liability and product liability insurance, for companies that sell weight-loss products and other dietary supplement products.

Don’t underestimate the significant benefits of thoroughly protecting your company, especially when you put so much time, money, and effort into getting it to where it is today. Contact Southern States Insurance for more information about our coverage for companies in the nutraceutical industry. Located in Georgia, we proudly serve businesses throughout the United States. Request a quote online, or call our Toccoa, Alpharetta, or Douglasville locations during standard business hours to speak to one of our exceptional team members who can help you get started.