Life Sciences

Kinsale has extensive industry knowledge insuring health-related products and can tailor solutions for your hard-to-place risks. Options can vary greatly with differing ingredient and material exclusions, claims-made or occurrence forms, defense provided inside or outside the limits, and deductible alternatives. General Liability and Professional Liability coverages can be written on a combined or on a stand-alone basis.

Target Classes:

  • Biologics
  • Clinical trials
  • Dental products
  • Dietary supplements (human and animal)
  • Durable medical equipment
  • Health and beauty products
  • Medical devices
  • Pharmaceuticals

Minimum Premiums:

  • $2,200 – $1M/$2M
  • $9,000 – $5M/$5M
  • $16,500 – $10M/$10M

Policy Structure:

  • Commercial General Liability, Products/Completed Operations Liability, or Professional Liability
  • Claims-Made coverage form, with Occurrence coverage available for certain risks
  • Policy limits up to $10M available on primary or excess basis; Follow-Form excess capacity of $10M on both a supported and unsupported basis
  • Defense normally written inside the limit, but may consider outside the limit based on the risk
  • Automatic inclusion of landlords, trade events, and vendors as additional insureds

Available Coverage Enhancements:

  • Data breach
  • Employee benefits
  • Errors & omissions
  • Hired & non-owned auto
  • Primary & non-contributory AIs
  • Product recall
  • Stop Gap Employers Liability
  • Waiver of subrogation
  • Worldwide coverage

Submission Requirements:

  • Kinsale application (signed and dated by the insured when bound)
  • Supplemental applications, where appropriate (signed and dated by the insured when bound)
  • Five-year currently-valued company loss runs with a description provided for large losses over $25,000
  • Copy of current declarations page
  • Copy of all product labels
  • Copy of all advertising literature
  • Website information