Biotechnology liability insurance - Comprehensive biotech coverage

Class action suits against pharmaceutical and biotechnology companies are becoming an everyday occurrence. Regardless of the amount of clinical trials and other safeguards in place, adverse side effects, including death, can be an inherent danger when it comes to pharmaceuticals.

Comprehensive medical professional liability coverage from HDF Insurance brokerage will help provide coverage against extensive financial loss.

Professional liability insurance - Clinical research, R & D and more

There are four major components to biotech drug insurance coverage. They include:

• Professional liability - like other medical professional liability coverage, biotechnology liability insurance offers coverage for companies conducting research on behalf of a sponsoring company.
• Clinical trials - along with professional liability insurance, clinical research and all stages of human clinical trials are also protected with this liability insurance.
• Product liability insurance - product development for commercial use is also covered through medical professional liability coverage.
• Errors and omissions - this component of liability insurance offers coverage for financial loss to a third party arising out of negligence.

Biotechnology liability insurance should be a key component in every biotechnology company's business insurance package.

HDF Insurance - A company keeping pace with the times

Located in Edmonton Alberta, HDF insurance offers clients unique, specifically-designed liability insurance products . Contact one of our professional insurance brokers today to discuss your insurance needs today.

From medical insurance deductibles research to biotech drug insurance coverage to professional liability insurance for clinical research, just as the biotechnology industry is booming, insurance product development at HDF is keeping pace.