In the rapidly evolving world of healthcare, breakthroughs in medical technology occur each and every day. And while life sciences products can provide new hope for patients and advancements in research, unfortunately adverse incidents can occur – even if your product or services is still being developed. Whether it's bodily injury or property damage stemming from the research, design, manufacture, distribution or marketing of the life sciences product, you need an insurance carrier that understands the challenges facing professionals and organizations dedicated to the creation, distribution or use of life sciences products and services.
CNA's Life Sciences Product Liability insurance provides coverage, on either an admitted or non-admitted basis, for a host of potential risk exposures in products and professional liability throughout the product lifecycle. This includes flaws that may be integral to the design of a device, defects that occur when being created by the manufacturer or the failure to provide the proper warnings, instructions or recommendations that accompany the device or pharmaceutical. Limits of liability of up to $10 million in the aggregate are available.
Our healthcare underwriting, risk control and claim professionals boast a level of technical experience unmatched in the industry. This enables our team to provide world-class claim services, reduce legal expenses, provide dedicated claim services to help alleviate the uncertainty and stress that often accompany litigation and help you identify and manage exposures in your organization.