Burial casket manufacturers produce burial caskets, cases and vaults (nonconcrete) intended to contain remains during and after burial or until cremation. Consumers may purchase caskets from funeral homes or directly from the manufacturer. Caskets typically are made of wood or metal and contain cloth interiors and decorative hardware.
Burial casket manufacturing emerged as a distinct industry in the United States in the 1800s. Today, a few large casket manufacturers dominate the market. Some manufacture only the wooden or metal casket, while others also produce, sew and install the interior cloth linings, bed and pillow covers, and head and foot panels. Most of the larger casket manufacturers produce a few standard products, while some smaller manufacturers produce custom caskets with special hardware and exterior panels coupled with more individualized craftsmanship.
Casket manufacturers may employ skilled carpenters, woodworkers, metal workers and seamstresses, all of whom craft individual caskets by hand. Employees may brush metal as well as sew, cut, install, sand, stain, buff and polish numerous materials and finishes.
Casket manufacturers face a variety of risks every day, from employee injuries to equipment breakdowns, product defects, fire, weather, and other unforeseen events or interruptions. If you own or operate a casket manufacturing business, you should be concerned with the following:
Burial casket manufacturers likely have highly flammable parts, materials and completed inventory inside the manufacturing facility at all times. Your buildings, equipment, inventory and anything else inside your facility are susceptible to fire, theft, vandalism and natural disasters. You need commercial property insurance to protect your building and other business property in the event of a covered loss.
Commercial property insurance protects your business if a fire, vandalism, smoke, theft or other unforeseen event damages your property. It provides coverage for lost inventory, industrial equipment and machinery, warehouses and office space, office equipment, computers and more. It may also provide coverage for neighboring facilities and completed products housed on your premises.
Business property insurance policies usually include business interruption coverage, which protects your earnings and helps pay ongoing expenses if your business is unable to operate because of damage caused by some type of covered disruption (e.g., a fire). And you can add coverage for breakdowns in water or electrical utility services that force you to temporarily close your doors and lose income.
You may also need coverage for products and materials in transit. Inland marine insurance protects you from losses when your business property is not on site but rather is being moved from one place to another. Any piece of property that is in transit can be covered with an inland marine policy. An independent agent who has experience working with businesses like yours can help you find the right inland marine coverage.
Damage or breakdown of equipment can be devastating to your casket manufacturing business, too. Without certain equipment, your business may be unable to operate, pay for expenses and earn revenue.
Equipment breakdown insurance, or boiler and machinery coverage, supplements your other business property coverage. It covers certain costs associated with accidental breakdown of machinery or equipment and the resulting property damage or loss of income. It typically covers breakdowns due to power surges, motor burnout, boiler malfunction and even operator error. Insurance companies offer coverage for mechanical and electrical equipment, computers and computer systems, boilers, and other types of pressure equipment.
Burial casket manufacturers face numerous liability risks, both on and off site. You must protect your operations, products and customers with a variety of business liability policies designed for businesses like yours.
You need commercial general liability (CGL) insurance for occasions where your business is negligent and causes third-party bodily injury or property damage. A CGL policy protects you if an injured party sues you. It provides coverage for attorney fees, court costs, settlements and judgments up to the limits of your policy.
Like any company that manufactures a product, you also have product liability exposures. Claims for product-related damage are usually related to manufacturing or production flaws, design defects, or defective warnings or instructions. If you are sued for product negligence, you may be required to pay for medical costs, compensatory damages, economic damages, attorney fees, court costs and more. Product liability insurance covers your financial responsibility for losses or injuries to a user, buyer or bystander caused by a defect or malfunction of your product. You may have some product liability coverage in your CGL policy. Work with your independent insurance agent to determine if you need additional coverage.
If you own trucks or other vehicles, commercial auto insurance covers your vehicle fleet and drivers in the event of an accident or other vehicle damage. Commercial auto insurance provides coverage for property damage and bodily injury liability claims, vehicle damage and medical bills, as well as any costs related to lawsuits, following an automobile accident involving one of your vehicles.
Fleet safety is very important for any company that engages in trucking. Working together with your Trusted Choice® insurance agent, you can design and implement insurance and safety programs that keep your drivers safe, your cargo intact and your insurance rates under control. Employing highly qualified drivers and requiring unfailing safety practices should also be top priorities.
You may also want to inquire about excess liability coverage, or commercial umbrella insurance. Commercial umbrella insurance provides extra liability protection beyond the limits of several other liability policies you might have. It pays when the limits of the other applicable policies have been exhausted, protecting you in the event that a claim exceeds the amount of coverage available in another policy.
Any kind of manufacturing environment can be dangerous for employees. No matter how many safety protocols you have in place, accidents happen. Your employees may use heat and welding tools, cutting tools, heavy machinery and sharp instruments. Their fingers, toes, eyes and limbs can be damaged, cut or crushed. Even employees who work with simple hand tools can be vulnerable to repetitive motion injuries and other problems. What’s more, the lacquers, paints and other chemicals used to craft burial caskets in your factory can be dangerous.
Keeping your employees safe from work-related injuries is important for their health and satisfaction, as well as your long-term financial survival. Workers’ compensation insurance provides insurance coverage for employees when accidents happen at the workplace regardless of who is at fault. The injured worker receives medical care and income protection after a work-related injury. This coverage even provides death benefits if there is a fatality.
Each state has different workers’ compensation laws. Your independent insurance agent can help you navigate the rules for your state and can help you find appropriate workers’ compensation insurance. Your agent can also help you design and implement worker safety programs to help you keep your workers’ compensation claims and costs under control and your workers safe and happy.
Whether you are a large casket manufacturer or a custom craftsman, you need tailored casket manufacturing insurance to protect you from the unique risks you face. By working with a Trusted Choice agent, you can obtain quotes from numerous, reputable insurance companies who specialize in businesses like yours.
Don’t spend time chasing down quotes on your own. Your agent can function as a trusted adviser who can help you find the right mix of coverage for your needs and budget.