Natural Health Products

Natural Health Products (NHPs) including personal care products (soaps, lotions, topical creams), nutriceuticals, vitamins, dietary and nutritional supplements ie. injectibles)  are an exciting and emerging industry. Whether your company is a raw material supplier, manufacturer, importer, distributor, private label, retailer and/or wholesaler you have unique exposures due to the varying ingredients and use of the products. Third party bodily injury claims, judgments and defense costs can be financially devastating to a company. Having adequate general and product liability coverage is essential for those in this industry.

Companies selling both domestically and internationally have created additional exposures that need to be addressed. We can provide coverage for Canada, Canada / USA or World-wide.

Health Canada’s Food Directorate and its Natural and Non-prescription Health Products Directorate (NNHPD) are responsible regulating the market. The Canadian Food Inspection Agency (CFIA) monitors and enforces regulatory compliance of foods (including functional foods), while Health Canada has the same responsibility for NHPs.

NHPs are naturally occurring substances used to restore or maintain good health. They are often made from plants, but can also be made from animals, microorganisms and marine sources. They come in a wide variety of forms, such as tablets, capsules, tinctures, solutions, creams, ointments and drops.

Health Canada’s Food Directorate and its Natural and Non-prescription Health Products Directorate (NNHPD) are responsible regulating the market. The Canadian Food Inspection Agency (CFIA) monitors and enforces regulatory compliance of foods (including functional foods), while Health Canada has the same responsibility for NHPs.

Holman Insurance Brokers Ltd. provides comprehensive liability and property insurance programs for NHP companies. Holman’s exclusive NHP insurance program offers some of the broadest coverages available on the market. Working with our team and in-house underwriters, we can help you navigate through the underwriting process.

Types of clients we service:
 

• Ingestibles
• Nutriceuticals
• Supplements
• Herbal
• Vitamins and related Products
• Cosmetics
• Compounded Herbs / Non-compounded
• Essential Oils / Aromatherapy
• Energy Products including Protein powders
• Homeopathic products
• Personal care products
• Pre-workout formulas
• Protein Supplements
• Herbs, Botanicals and Herbal Remedies
• Body Cleansers, Soaps, Creams
• Bodybuilding Supplements
• Sexual enhancement products
• Sports nutrition
• Topical Creams
• Weight Loss Products
• Weight Gain Products
• Program Highlights including option coverage
• Start-ups and New Ventures welcome including home based businesses
• Minimum Premium – $2,000
• Minimum Deductible – $2,500
• Occurrence and Claims-Made Forms Available
• Limits up to $25 Million
• Worldwide Coverage
• Additional Insured Endorsements
• Product Withdrawal Expense
• Pollution Legal Liability
• Products recall 
• Malicious Product tampering, alteration and extortion
• Cyber Liability

For more information please contact one of the following:

Mark Holman           (905) 886-5630 Ext 1224               

Paul Holman           (905) 886-5630 Ext 1246