Get business insurance
This lesson is a guide published on sba.gov.
Read the guideWhat you'll get
The SBA's business insurance section lists six common kinds of coverage and says product liability insurance is for businesses that make, wholesale, distribute or retail a product, covering financial loss when a defective product injures someone; it also says to assess your risks, find a licensed agent and compare offers. No guide to product liability written for food or body care turned up, so this comes from the Manufacturing track; WNC's shared kitchens and the Got to Be NC program ask for liability insurance, so get quotes before you rent kitchen time or sell to stores.
Do this week
Describe your product, your expected first-year sales and where you'll sell, and ask two licensed insurance agents to quote product liability coverage at the limit your kitchen or first store requires.