Wellness Insurance Guide 2024
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What’s Covered
Industry Overview
The wellness industry, driven by consumer interest in alternative therapies like CBD and psychedelics, faces unique risks due to shifting regulations and unstable supply chains.
Key Insurance Types
Essential insurance includes general liability, product liability, and cyber liability, providing protection against product claims, data breaches, and injuries at physical locations.
Effective Risk Management
Successful wellness businesses implement comprehensive risk management plans, regularly assessing risks, updating coverage, and ensuring compliance with evolving industry regulations.
