Professional & Management LiabilityProperty & CasualtyAccident & HealthSurety BondsIndustry SolutionsLoss Control Services
When life sciences companies require global trial insurance documentation, they need a fast and accurate response. Enter WORLDcertTM.
Extended General Liability
Our Extended General Liability for Life Sciences (available in the U.S. only) includes a number of cutting-edge features.
Chubb is a proven leader in cutting edge property and business income solutions tailored specifically for life sciences companies.
Errors & Omissions
Disputes over product and service performance are growing. Chubb offers protection against these financially threatening circumstances.
Medical Device Companies
- A salesperson in the operating room provides inappropriate advice to the physician using your implantable medical device
- Your property is over-radiated on the premises of a third party sterilization facility.
- After you recall a product, your current insurer non-renews your claims made product liability insurance.
- You are sued for bodily injury arising out of exposure to a medical device sold by a company two years before you acquired
As a medical device manufacturer, you face these and other complex risks every day – and, with advances in technology, you’ll
face others that have yet to emerge. Customarq for Life Sciences offers a myriad of innovative insurance products tailored
specifically for medical device companies.
Chubb is a proven leader in insurance programs for Medical Device companies worldwide. Since 1995 we have had a dedicated
team of underwriting, loss control and claim staff focused on your fast paced industry. Over 200 employees spread throughout
Chubb’s global branch network serve Life Sciences companies full-time. Our knowledge and experience manifests itself in our
flexibility and responsiveness. Our products and services have earned us the endorsement of the Medical Device Manufacturer’s
- Extended General Liability insurance eliminates certain “end of policy period” restrictions for injury or damage. For a company
like yours where there can be potentially long time frames between when a product is developed, when it caused injury, when
you knew about the injury, and when an insurance claim is filed, this provides significantly broader insurance, and peace
- Unlike most insurance company policies, Chubb’s business income insurance responds until you have an operational restoration
of your business - even if the delay is lengthened beyond the period property is restored due to FDA recertification times.
- Blanket clinical trial insurance protects you from inadvertent insurance gaps from a failure to report.
- Errors and omissions (financial/economic injury), intellectual property infringement liability, media liability, privacy liability
and privacy remediation expense are addressed via Integrity+ by Chubb, a single, blended liability policy that helps minimize
critical insurance gaps.
- Customarq Global Extension expands your domestic property and liability insurance worldwide. Broad difference in conditions
insurance from local contracts and admitted underlying insurance policies in foreign countries where required. You benefit
from a coordinated approach and dependable quality from Chubb’s multinational infrastructure.
Think LEADERSHIP. Think Chubb.
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