Part II: Commercial Property and Business Insurance

When tainted peanuts were discovered in a peanut butter processor’s plant, the raw peanut stock had to be destroyed and the manufacturing equipment sanitized before processing could resume. The food processor and its exclusive distributor suddenly had no peanut butter to sell, and they had lost their primary profit source. Both companies turned to the processor’s commercial property insurance to recoup the costs of their lost property and profits from the processing plant shutdown.

Read full post.