Hello @Kevala, at least in the US it is unwise to do business without, at a minimum, general liability insurance. As I work toward creating an herbal remedy business, I am looking for insurance covering products, and there are several possibilities. I’ll post more info as I get reliable information.
I was a chimney sweep for over 40 years and liability insurance is really important, both when working with fire and when producing products that people might ingest. Since I currently do activities other than herbal production I have basic general liability because I cannot do business as an independent contractor without proof of insurance. If one wants to do business “legitimately” in the US and most states as an independent contractor then you have to have insurance, otherwise it is looked at as a dodge, tax-wise. The employer must count you as an employee if you don’t have insurance… blah blah blah. Believe me, if you want to have a business that can stand scrutiny (quite apart from the risk of having something go wrong) having insurance is important. At least this is my old-school point of view.