Products Completed Operations Liability and Clinical Trials Liability Coverage
posted in General Update, Life Sciences
Did you know . . . Berkley Life Sciences' LS Prime® Online offers qualified risks up to $10,000,000 in Products Completed Operations Liability and Clinical Trials Liability coverage. Quotes are still available on-line in real time without underwriter involvement in most instances.
LS Prime® Online's many coverage features include:
- Risks with up to 750 newly enrolled participants during the policy period can apply for Clinical Trial Liability coverage
- No Protocols or Informed Consent Forms required for quoting or binding Clinical Trial Liability coverage
- Designated Products Exclusion contains an exception for Clinical Trials (excluding vulnerable class members)
- Firms with any product or service revenue are still able to seek limits up to $5,000,000
- Commission is 2.5 points higher than standard base commission levels
- Premises Operations Liability limits up to $5,000,000 available to qualified risks
We encourage you to take full advantage of the $10M limit and grow your emerging life sciences book of business with us. Log into PILS today and experience the simplicity of LS Prime® Online or contact your Berkley Life Sciences underwriter for more information.