4 Types of Insurance Policies to Safeguard Your Brand from Supply Chain Disruptions
For CPG brands scaling through RangeMe, reliable supply chains are critical. But with today’s landscape filled with delays, logistical challenges, and unforeseen events, supply chain disruptions can hit brands hard, causing costly setbacks, strained retailer relationships, and lost revenue.
With the right protection, however, you build resilience, manage risks, and maintain momentum even when disruptions arise. Following are several key types of insurance essential for emerging brands.
Business Interruption Insurance: Protection for Your Bottom Line
How Business Interruption Insurance Protects Your Business:
A disruption in your supply chain can bring production to a standstill, cutting off revenue and threatening your cash flow. It covers lost income and essential expenses when a covered event—such as a fire or natural disaster—halts your operations. With this support, your brand can stay afloat during downtime, ensuring your business continues even when production pauses.
Why CPG Brands on RangeMe Need This Coverage:
As you expand through RangeMe, maintaining consistent inventory is crucial to meet retail demand. Business Interruption insurance provides the financial stability needed to recover quickly, so you can continue building strong relationships with retailers, even if you encounter an operational setback.