Craft Brewery & Distillery Insurance
Crafter’sChoice is an exclusive insurance program, created by CapriCMW Insurance, in partnership with Northbridge Insurance, to meet the unique needs of craft brewers and distillers in BC, and provide comprehensive and flexible policies.
In addition to coverages found in typical Commercial Insurance policies, Crafter’sChoice includes these additional coverages:
Spoilage
Coverage for spoilage due to refrigeration breakdown while in transit or in storage, for up to 180 days, including connections and pipes.
Contamination and infestation
Coverage for loss of product due to alteration (e.g. malicious tampering), or if product is determined unfit for consumption by a regulatory body.
Public relations expense
Coverage for expenses incurred (e.g. advertising and public relations consultants) resulting from a negative incident.
Business interruption
Coverage for loss of profits due to disruption of premises utilities (e.g. heat, power, gas, water, or communications supply).
Brewmaster and Key Personnel Replacement
Coverages for expenses resulting from the need to replace key personnel due to death or permanent disability.
Breach of Contract
Coverage for fines, damages or penalties associated with a Breach of Contract. Bad batch Coverage for loss of, or damage to product while being worked upon (by you).
Resources
Business Insurance
Actual Cash Value or Replacement Cost: 9 Key Considerations
Insuring property on an actual cash value (ACV) basis could lead a manufacturing business to permanent close in the event of a large claim. This article will explore the challenges of insuring property on an ACV basis and why we recommend insuring on…
Personal Insurance
How Safe is Your Password?
Cybercrime is more rampant than ever before - attacks are growing in sophistication year by year with the potential impact on victims becoming more severe and widespread. It is predicted that the damage caused by global cybercrime will cost $10.5…
Employee Benefits
BC Government Introduces New Pay Transparency Legislation
If passed, the new legislation will require employers meeting a certain employee size threshold to disclose the mean and median pay for male and female employees.
Talk to an Advisor
Your CapriCMW Risk Advisor has highly specialized knowledge of your industry and is empowered to act quickly and independently to ensure direct, personal service.