The Life Sciences Industry is unique in its specific exposures and the necessary insurance requirements.  It is often difficult to obtain proper coverage for the specific exposures of these companies, which may not be protected under standard Professional Liability policies.

When considering an insurance plan, a biomedical or medical device company must take its clinical trial risks into special consideration.  The clinical trial liability is a specific, high-risk area that requires unique coverage to provide the maximum insurance protection.  A company needs to purchase additional liability insurance specifically designed to cover clinical trials.

The terminology and design of clinical trial liability insurance can be different from policy to policy; knowing exactly where a company does and does not have coverage can mean the difference of millions of dollars in a potential judgment.

To speak to us about Life Science, please contact us using the details on the right.

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