Getting into the world of manufacturing insurance can be like speaking a new tongue. From product liability to contingent business interruption, the language can be tough to follow but knowing these terms is a must if you want to keep your business safe from the risks you deal with on a daily basis.

Whether you’re a small shop or a big production line, this list of insurance words will help you understand what you need to know most about the industry.

Keep it close by when you look over your policies or chat with your broker or just to make sure you’ve got the right coverage for your business.