IT IS VERY IMPORTANT FOR MANUFACTURING COMPANIES TO HAVE PRODUCT LIABILITY INSURANCE. THIS GIVES THE MANUFACTURER AND THEIR CUSTOMERS PROTECTION IN CASE THERE IS A LIABILITY CLAIM OR A LAW SUIT.
IF A WHOLESALER IS PURCHASING PLUMBING CHEMICALS FROM A MANUFACTURER THAT DOES NOT HAVE PRODUCT LIABILITY INSURANCE, THE WHOLESALER IS PLACING MORE RISK ON THEIR COMPANY THAN IS NECESSARY. THIS NOT A GOOD SITUATION.
A WHOLESALER SHOULD ALWAYS ASK THE MANUFACTURER FOR PROOF THAT THEY HAVE PRODUCT LIABILITY INSURANCE. IF THE MANUFACTURER DOES NOT HAVE THIS PROOF, THE WHOLESALER SHOULD SERIOUSLY CONSIDER BUYING CHEMICALS FROM ANOTHER VENDOR. THIS PROOF IS CALLED A CERTIFICATE OF INSURANCE. IT TELLS WHAT INSURANCE PROTECTION THE MANUFACTURER HAS, THE DOLLAR VALUE OF THE PROTECTION AND THE INSURANCE COMPANY PROVIDING THIS COVERAGE.
BLACK SWAN’S INSURANCE BROKER IS:
HORTON INSURANCE AGENCY, INC. 221 NORTH LA SALLE STREET SUITE 2700 CHICAGO, IL 60601 BROKER - STEVEN MANNOS TELEPHONE NO. - 312-917-8610 FAX NO. - 312-917-8601PLEASE CONTACT HORTON INSURANCE FOR ANY QUESTIONS YOU MIGHT HAVE REGARDING BLACK SWAN’S INSURANCE COVERAGE. FOR A COPY OF THE CERTIFICATE OF INSURANCE PLEASE CLICK THE LINK BELOW.