During the COVID-19 Pandemic, the Life Sciences industry is more important than ever. However, every Life Sciences company needs to be sure they have insurance that will protect them from their industry’s unique risks. To protect a Life Sciences company from those unique risks, you need a unique form of insurance known as Life Sciences insurance.
What is Life Sciences Insurance?
Life Science insurance is a form of insurance that protects companies from the life science industry’s unique risks.
It Offers Coverage In a Rapidly Changing Industry
The Life Sciences industry changes every single day. So, companies need insurance that evolves with the industry. Life Science policies are created specifically to evolve with the industry.
Versatility
In addition to flexibility, Life Sciences insurance policies are also versatile. There are tons of different types of companies in the Life Sciences industry. So, every policy needs to fit the business it was written for.
Do you have a medical device component manufacturer on an occurrence form? Do they make a product that goes into an implantable or invasive finished product? If you do, have you checked the exclusions to make sure these items are not excluded? Our Hanover Fusion Products policy does not have such an exclusion. If you find you may not have the very coverage you need, give us a call, and we will work with you to find a solution with our claims-made coverage.
At Arthur Blake Insurance, our goal is to ensure that every company within the Life Sciences industry has the protection they need to perform the important work they do every day. For more information on our Life Sciences insurance policies, please contact us today! If you’d like to see what our other clients think of us, be sure to check out our reviews!