Life science companies, both large and small, face a wide array of risks unique to the industry.
Whether you are looking for insurance for a medical device manufacturer, pharmacy, biotechnology business, clinical research company, or food processing company, it’s essential to review your risks and potential liabilities.
Types of insurance that life science companies should consider include, but are not limited to:
Inherently, life science companies are exposed to risks on many different levels and must consider a risk management strategy that addresses these various risks. Professional Liability Insurance is a common coverage for many companies in the industry. Other coverages to consider as a life science company are Product Liability, General Liability Insurance, Commercial Property Insurance, Cyber Insurance, and Workers’ Compensation.
If you are interested in learning more about insurance options for your life science company, please don’t hesitate to contact our experienced team. They are here to listen and learn more about your company and insurance needs.
Factors that can influence the cost of insurance may include, but are not limited to the following:
At Cross Insurance, we work with the nation’s leading carriers as well as regional insurers. With offices across the Northeast, our agents are available for account management support. Contact us to request an insurance quote today.
When it comes to managing your risk, you need someone in your corner who understands the unique risks of your business and industry. At Cross Insurance, we have been insuring businesses throughout the Northeast for decades. We represent insurance carriers that are trusted names in the business to negotiate commercial insurance, employee benefits, and bonds.
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