Companies developing, manufacturing and selling medical devices need comprehensive cover that’s quick and easy to buy and meets the demands of their unique industry. Biosurance® MD is designed to surpass these expectations and all at a very competitive price.
Most companies selling medical devices to hospitals or healthcare professionals are eligible for Biosurance® MD and our experienced team will consider companies of all sizes.
Biosurance® MD is a multi-class policy targeting key exposures for a wide range of medical device companies. Features include:
- A comprehensive multi class policy including products
liability, business interruption, employers’ and public liability,
property cover, professional indemnity and clinical trials
- Products liability includes efficacy (failure to function)
- Global jurisdiction, including USA available
- Property covered throughout the supply chain and whilst in transit, with resultant business interruption also included
- Special perils such as contamination, machinery breakdown, spoilage of perishable stock and ideologically motivated attack are available, on request
- Our ‘flexible first loss’ business interruption provides cost effective cover with no average clause and no monthly sublimit
- Broad appetite for all types of medical device companies
- Limits of liability available up to €5,000,000
- A range of reinstatement options available
- Excesses start from €1,000
- Premiums start from as little as €1,000
We recognise that medical device companies want to buy their insurance quickly and simply. That’s why our policy is backed up by exceptional service levels featuring:
- Most quotes provided within 48 hours
- A "fast-track" service for urgent submissions
- Most policies issued within 24 hours of binding
All this at very competitive prices. To obtain a quote all we need is the completed Biosurance® MD Application Form.