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Due to the popularity and success of our package policies, we designed BIOPAC specifically for healthcare research and development (R&D) companies.
BIOPAC is ideal for R&D companies who do not wish to carry high Errors & Omissions limits. As with all our package policies, it includes E&O, CGL and Property coverages in one convenient package policy. Your clients only need to complete one application for a competitive quote for all three coverages.
In recognizing the risks that are unique to these R&D companies, we have included specialized Property coverages that offer protection for their potential exposures. Your clients have the flexibility to customize their coverage according to the particular needs of the company.
- Choice of $100,000 or $250,000 E&O Limit
- CGL Limits of $1 million up to $5 million
- Property Limits of up to $5 million
Specialized R&D Property Coverages include:
- Valuable papers
- Accounts receivables
- Extra expense
- Radioactive and bio-contamination
- Refrigerant contamination and temperature/humidity change
- Research & development restoration expense
- Loss to laboratory animals
- Research & development income
More coverage details can be found on the Application. Click here to complete or download an Application now.
Please call or email for a copy of the policy wording for exact terms and conditions.
If you have further questions about this facility, please contact Jim Bly, who can provide you with specific details regarding terms, conditions, coverages and exclusions.
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