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NAMI Product Recall Insurance

Risk Management Services

With a comprehensive risk assessment of your business, NAMI will provide you with recommendations on how to reduce your risk exposure. The program ensures your insurance and risk management solutions are tailored to your specific business needs.

Product Recall Coverage Enhancements include:
  • Exclusive underwriting facility created for NAMI members
  • Underwriter has over 14 years’ experience providing product recall programs and solutions for the meat and poultry industry
  • Policy limits from 250,000 to 25,000,000
  • Governmental Recall added as an Insured Event
  • Customer Lost Profits included as a standard coverage  
  • Rehabilitation Expense is increased from 25% to 50% sub limit
  • No coinsurance provisions
  • Streamlined and reduced “Exclusions” down to a total of 10
  • Adverse Publicity coverage included
  • Definition of Accidental Contamination has been expanded to include “fault in design specification”
  • Definition of Malicious Product tampering has been expanded to include adverse publicity
  • Optional 1,000,000 limit available for Sabotage and Terrorism
  • Pricing structure is discounted exclusively for NAMI members
  • Policies will include a specialized crisis management plan for their use
  • Ability to work with the current local agent or broker
  • Claims personnel specialize in the meat industry for over 15 years
  • All policy procedures and processes are preformed and governed by USA laws and procedures.
  • All services provided by U,S. domiciled companies
For more information about this program, please call Eric Zito, senior director, member and exposition services at (202) 587-4223 or ezito@meatinstitute.org.