Meat Processors Insurance Program

Insurance Associates designed the Meat Processors Insurance Program to meet the needs of the Meat Processing Industry. This comprehensive package program provides Property, General Liability, Workers Compensation, and Commercial Umbrella coverage in one simple and convenient policy.

This policy is designed specifically for small to mid-sized custom and federal plants. Eligible businesses include:

• Retail Meat Stores
• Custom Processing Plants
• Butcher Shops
• Wholesale Operations
• Federally Licensed Processors

Coverage Highlights

Businessowners Property Coverage

• Open Peril Coverage for Building and Contents
• Building & Personal Property
  • Specific or Blanket
• Building Definition expanded to include smokehouses, coolers & freezers
• Contents definition expanded to include your customer's meats.

Automatic Equipment Breakdown Coverage

• $100,000 per machine from equipment breakdown
• $100,000 for spoilage from equipment breakdown

Loss of Business Income/Extra Expense

• Actual Loss Sustained—No Specified Limit
• Extra Expense Coverage
• Contingent Business Interruption available

General and Umbrella Liability

• General Liability at $1,000,000 per Occurrence and $2,000,000 Aggregate
• Bodily Injury and Property Damage Coverage
• Personal Injury and Advertising Injury Coverage
• Excess/Umbrella available up to $5,000,000
• Benefit to Bailee for customers goods in your Care, Custody, and Control.

Peak Season Coverage

• Automatic 25% increase of contents value during your peak season
• No extra cost to you even with higher limits

Plus Coverage

• $10,000 Off Premises Personal Property
• $10,000 Property of Others
• $10,000 Computers & Media
• $10,000 Sign Coverage
• $10,000 Accounts Receivable
• $10,000 Temperature Change
• $10,000 Valuable Papers
• $300,000 Increase of Fire Legal
• $3,000 Exterior Grade Glass
• $1,000 Money/Securities
• $5,000 Sewer Backup Coverage
• $2,500 Fire Department Surcharge

Workers Compensation Markets

• State Specific Coverages
• Owner Coverage Available
• Competitive Dividend Program available for qualifying markets

Program Features

• All Coverage with one Carrier
• Convenient Payment Options
• Toll-Free Claims

Meat Processors Plus Endorsement - "Exclusive to MPIP Program"

Off Premises Utility Power Failure

• Water Supply Services
• Power and Communication Lines
• Includes Overhead Transmission Lines

Personal Property of Others

• Live Animals Coverage for covered perils to animals in your care, custody, and control
• Destruction by any civil authority
• Coverage for customers meats held for storage in lockers or while being held for Processing

Spoilage coverage

• Compressor Blowout
• Loss of Refrigerant
• Contamination by Refrigerant
• Change in Temperature or Humidity

Impurities in Your Products

• Coverage for impurities that render meat inedible by USDA and FDA guidelines
• Replaces the value of the meat lost by impurity.

Freight On Board

• Coverage for goods you sell to others that are shipped at their expense

Consequential Loss

• Coverage for reduction of value of 'stock' in process of manufacture when caused by direct physical loss.

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