Dynamic, complex risks are inherent to Life Sciences businesses, but Chubb’s casualty liability insurance solutions can help you face them. Our Extended General Liability coverage includes a number of cutting-edge features.
Experienced leadership, with expert underwriters and claims professionals
Claims coordination through the Chubb worldwide network
Deep and experienced risk engineering team.• Advanced customer focused technology
Industry leading global network and product breadth
In-depth knowledge of clinical trials and underwriting expertise
Locally-admitted policies in most countries, including South America and the Middle East, where coverage may not be readily available
Global program compliance and clinical trial certificate service
Offers three enhancements extending the period when injury or damage can occur, in order to address the complex sequence of events and potentially long time frames between when a product is developed, when it caused injury, when you become aware of the injury and when an insurance claim is filed.
Includes time-element pollution insurance, “blanket” additional insured status where required by contract, broadened clinical trial provisions and scalable medical expense limits.
Optional endorsements available to customize insurance and help manage costs, including respond to successor liability issues associated with mergers and acquisitions.
Provides worldwide insurance and language that dovetails with Chubb and affiliate policies in other countries.
Additional features and solutions include:
Unlimited extended reporting periods
"Blanket" human clinical trial insurance protection
Human clinical trial medical expenses included
Separate premises/operations and products-completed operations per occurrence limits