Home Cosmetic Science Talk Cosmetic Industry Product/general liability insurance for small distributors?

  • Product/general liability insurance for small distributors?

    Posted by Zink on April 28, 2017 at 10:32 pm

    Hope this isn’t too off topic.

    I’m involved with a company that sells an OTC acne treatment and a couple cosmetics formulas we’ve developed, we don’t manufacture anything ourselves and everything’s made by our CMO.

    We’re still tiny but looking to get product liability insurance, our CMO is insured so not sure what’s required.

    Let me know if you know any good options. I did talk to Veracity and they quoted me $3500/year which frankly seems high for a small company grossing less than 200k/year.

    sabahi replied 5 years, 9 months ago 6 Members · 6 Replies
  • 6 Replies
  • Zink

    April 28, 2017 at 10:52 pm

    Make that product liability only.

  • MarkBroussard

    April 29, 2017 at 2:12 am


    Try http://www.ppibcorp.com … Professional Program Insurance Brokers.  They specialize in the spa industry and related professions and offer product liability insurance on cosmetic topical products.  Not sure if they cover OTC formulations, but it’s worth exploring. 

  • AVisotsky

    December 5, 2017 at 7:28 pm

    Hello, Zink. 
    Were you able to find an affordable policy that works for you? Looking for the same, would appreciate your advice

  • oldperry

    December 5, 2017 at 8:09 pm

    I found the Indie Business Network helpful.  https://indiebusinessnetwork.com/insurance/


    December 5, 2017 at 9:59 pm

    You can get it through the ACS also.

  • sabahi

    December 6, 2017 at 5:36 am

    I’m paying just under $500 a month for product liability insurance but we did kind of go over board on the coverage. 

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