GL Class Code 59905 - Vegetable Oil Manufacturing
Are you searching for the General Liability Class Code 59905 - Vegetable Oil Manufacturing?
Get information about this GL class code and its related North American Industry Classification System (NAICS), National Council on Compensation Insurance (NCCI) and Standard Industrial Classification (SIC) codes.
The General Liability Class Code 59905 - Vegetable Oil Manufacturing. Learn more about GL Code 59905 and it's related NAICS, NCCI and SIC codes.
- What Is The Description Of The General Liability Class Code 59905?
- What Are The Related SIC Code(s) for GL Code 59905?
What Is The Description Of The General Liability Class Code 59905?
The description for GL Class Code 59905 is: Vegetable Oil Manufacturing.
What Are The Related SIC Code(s) for GL Code 59905?
The related SIC Code(s) for General Liability Class Code 59905 - Vegetable Oil Manufacturing is:
Description for 2076 Vegetable Oil Mills, Except Corn, Cottonseed, and Soybean
Establishments primarily engaged in manufacturing vegetable oils, cake and meal, except corn, cottonseed, and soybean, or in processing similar purchased oils other than into edible cooking oils. Establishments primarily engaged in manufacturing corn oil and its by-products are classified in Industry 2046, those which are refining vegetable oils into edible cooking oils are classified in Industry 2079, and those refining these oils for medicinal purposes are classified in Industry 2833.
- Castor oil and pomace
- Coconut oil
- Linseed oil, cake, and meal
- Oils, vegetable: except corn, cottonseed, and soybean
- Oiticica oil
- Palm kernel oil
- Peanut oil, cake, and meal
- Safflower oil
- Sunflower seed oil
- Tallow, vegetable
- Tung oil
- Walnut oil
Description for 2074 Cottonseed Oil Mills
Establishments primarily engaged in manufacturing cottonseed oil, cake, meal, and linters, or in processing purchased cottonseed oil other than into edible cooking oils. Establishments primarily engaged in refining cottonseed oil into edible cooking oils are classified in Industry 2079.
- Cottonseed oil, cake, and meal: made in cottonseed oil mills
- Cottonseed oil, deodorized
- Lecithin, cottonseed
Description for 2075 Soybean Oil Mills
Establishments primarily engaged in manufacturing soybean oil, cake, and meal, and soybean protein isolates and concentrates, or in processing purchased soybean oil other than into edible cooking oils. Establishments primarily engaged in refining soybean oil into edible cooking oils are classified in Industry 2079.
- Lecithin, soybean
- Soybean flour and grits
- Soybean oil, cake, and meal
- Soybean oil, deodorized
- Soybean protein concentrates
- Soybean protein isolates
GL Class Code 59905 - The Bottom Line
The General Liability Class Code for Vegetable Oil Manufacturing is 59905.
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Get useful tips and information about how much commercial insurance costs, small business risks and exposures, how insurance regulations effect your businesses' and detailed descriptions of coverages and exclusions and more. Most small businesses need to buy the following four types of insurance at a minimum to cover their operations from every day risks:
Property Insurance: This policy covers a business if the property used in the business is damaged or stolen as the result of common perils like fire or theft. Commercial property insurance covers the buildings, structures and also business personal property - which includes furniture, inventory, raw materials, machinery, computers and other items.
Liability Insurance: Any company can be sued. Slip-and fall lawsuits are very common and be costly. Customers can claim you injured them or damaged their property - and lawsuits are very expensive. Commercial liability insurance pays damages and can include attorney's fees and other legal expenses. It also ca pay for the medical bills of injured third parties
Commercial Auto Insurance: For vehicles owned by the business. Commercial auto insurance pays bodily injury or property damage costs for which the business is found liable - up the the policy limits for liability and property damage.
Workers Compensation Insurance: In almost every state employers must provide workers comp when there are W2 employees. Workers compensation pays for the medical care of employees and can replace a portion of lost wages - regardless of who was at fault for the injuries.