BioSurance is dedicated to the life science industry. We are a team of professionals trained in how a life science firm works. We know the risks that are inherent to the life science industry. We have access to all of the insurance companies that cover life science firms.
BioSurance will audit your current insurance policies, your operational processes, quality control procedures, and safety protocols. We will identify and quantify the risk you face and work together to design the insurance program that is right for you.
We have a dedicated claims team reached via email at email@example.com or by calling (800) 937-5515 and asking for claims.
Off the shelf insurance policies typically exclude coverage for animals. BioSurance provides insurance that covers research animals as well as the cost of research that went into the animal.
BioSurance gives its client 24/7/365 access through its branded portal CSR24. You can access policies, billing information, claims information, and archived forms and certificates.
Yes. We work with carrier specialists that are skilled in assessing, quantifying and reducing risk. They identify your potential exposures through a specialized risk assessment process and then help you develop and implement strategies to mitigate your risk. We provide assistance with areas of your operations that tend to give rise to claims, such as supply chains, product warnings and instructions for use, and manufacturing procedures.
We need an application, a copy or draft of your study protocols and the patient informed consent document.
Premiums vary by insurance carrier. The minimum price could be as low as $5,000.
Typically, no. However, BioSurance’s broad range of property insurance for life science firms can include coverage for contamination by bacteria, mold, mildew, microorganisms, viruses, pathogens, radiation or airborne microbes.
Yes, the policies provided by BioSurance will respond to costs incurred to clean up or remove contaminants, including radioactive contaminants from land, water or air.
Yes. Life sciences companies are under pressure from customers, regulators and consumers relating to delivery and performance of their services or products. Errors and Omissions insurance can cover financial losses due to a product or service defect or contractual performance failure.