FLIP Launches Online Product Recall Insurance for Food and Beverage Businesses

Food Liability Insurance Program has expanded its coverage options with the introduction of online product recall insurance specifically designed for food and beverage businesses. This new offering allows entrepreneurs to purchase protection directly through FLIP's digital platform without requiring agent assistance, marking a significant advancement in accessibility for small to mid-sized operations.

The insurance provides comprehensive coverage for both voluntary and involuntary recalls, with business owners able to choose between two coverage limits: $10,000 aggregate or $25,000 aggregate. At just $109 per year, this represents an affordable solution for companies facing the growing threat of product recalls in the food industry. According to industry data, food recalls increased by 15% between 2020 and 2024, with approximately 300 recalls occurring in 2024 alone that resulted in nearly 1,400 reported illnesses, 487 hospitalizations, and 19 deaths.

Daryle Stafford, President and CEO of FLIP, emphasized the program's commitment to supporting food and beverage entrepreneurs through all business stages. "Product recalls place a serious financial burden on small businesses, potentially forcing them to shut down," Stafford stated. "We've made it easier than ever for these entrepreneurs to protect themselves from the increasing threat of recalls with a budget-friendly option they can purchase online, saving them time and money."

The recall insurance coverage addresses the leading causes of food recalls, including undeclared allergens, Listeria, and Salmonella, which have been responsible for significant financial losses and health impacts across the industry. FLIP's streamlined approach allows business owners to bundle multiple liability coverages with a single provider, though product recall coverage requires an active general liability policy or bundling during purchase.

For additional details or to explore coverage options, business owners can visit https://www.fliprogram.com/product-recall-insurance. FLIP, recognized as one of the World's Top Fintech Companies by CNBC and one of America's Fastest Growing Companies by Inc. 5000 in 2025, has protected thousands of clients from liability claim financial repercussions for over 15 years through comprehensive and customizable insurance solutions.