Insurance Program Offers Dietary Supplement Industry Coverage
August 17, 2012
SILVER SPRING, Md.Supply-side businesses now have an additional resource when choosing a general liability insurance program. The American Herbal Products Association (AHPA) recently endorsed the RT-Nutra Program, which is specifically designed for the natural products and dietary supplement industry.
The program, developed by R-T Specialty, offers coverage for commercial, products and operations liability to manufacturers, distributors, contract manufacturers and importers/exporters. AHPA helped R-T Specialty develop the program, which is underwritten by Lloyds.
Insurance underwriters previously included the dietary supplement industry within the broader "health science" industry. This program creates a more specialized option for manufacturers, as it has been proven to be a safe, low-risk class to insure.
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