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FLIP Launches First 100% Online Product Recall Insurance for Food Businesses

FLIP introduces first 100% online product recall insurance for food businesses starting at $109/year. Protect against rising recall threats with convenient digital coverage.

This development matters because product recalls represent a growing threat to food and beverage businesses, with recall incidents increasing by 15% in recent years and causing significant financial strain that can force small operations to shut down completely. For entrepreneurs in this sector, who often operate on thin margins, the financial impact of a recall—including product destruction, notification costs, and potential lawsuits—can be devastating. FLIP's affordable, accessible online solution provides crucial protection against these risks, enabling small business owners to focus on growth rather than potential catastrophic losses. In an industry where food safety concerns are escalating and regulatory scrutiny is increasing, this insurance represents a vital safety net that could determine whether a business survives a recall incident.