339993

Fastener, Button, Needle, and Pin Manufacturing

Cyber Liability Insurance for NAICS 339993

CYB

Ranked reasons a business in NAICS 339993, Fastener, Button, Needle, and Pin Manufacturing, needs Cyber Liability coverage. Each reason is specific to how this industry actually loses money, and ends with the question to ask before the objection comes up.

  1. 01

    Small parts on children's clothing are a choking hazard.

    • Buttons and snaps on children's apparel carry attachment strength requirements.
    • Third party testing and lead and phthalate compliance apply.
    • Components detaching cause choking incidents.
    ASK
    Which of your components go onto children's products requiring third party testing?
  2. 02

    Your components are built into other people's products.

    • Fasteners and trim go into apparel and finished goods.
    • A component defect recalls every finished product containing it.
    • The recall cost is their garments, not your components.
    ASK
    How many customer products could contain a single lot of your components?
  3. 03

    Customers hold almost no trim inventory.

    • Components ship against apparel and product production schedules.
    • Customers hold little trim stock.
    • Their production lines stop for want of buttons.
    ASK
    How much trim inventory do your customers hold before production stops?

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