Life Sciences

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

Minimum Premiums:

• $1,500 – $1M/$2M
• $7,500 – $5M/$5M
• $15,000 – $10M/$10M

Available Coverage Enhancements:

• Abuse or molestation
• Data breach
• Employee benefits
• Errors & omissions
• Hired & non-owned auto
• Medical payments
• Primary & non-contributory AIs
• Product recall
• Proposition 65 civil penalty reimbursement
• 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