Products Liability:
Coverage Features

Tailored to the Industry.  Medmarc’s products liability coverage form is tailored specifically to meet the needs of medical technology and life sciences companies like yours. 

  • Worldwide Coverage.  We cover your claims around the world, except where the U.S. government has prohibited or suspended trade relations.

  • Additional Insured Coverage.  We provide coverage for  a wide spectrum of organizations and people with which you work, including:

  • Vendors
  • Scientific Advisory Boards
  • Sales Representatives
  • Clinical Research Organizations
  • Clinical Research Coordinators, Monitors or Investigators
  • Investigational Review Boards or Medical Ethics Committees
  • Independent Engineers or Consultants
  • Medical Staff Members

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  • Professional Services for Medical Products Sales and Service Personnel.  Your field, sales and service representatives who provide technical expertise, product training and sales support in connection with the sale, loan, lease or delivery of your products are insured.  Your medical staff members are insured for liability arising from their providing or failing to provide supervisory or instructional services.

  • Automatic Coverage for Acquired Companies.  Within the first 90 days, all acquisitions or newly-formed companies of which you maintain ownership or a majority interest, other than partnerships, joint ventures or limited liability companies, are automatically covered as policyholders, provided that there is not similar insurance in force. 

  • Known or Foreseeable Side Effects.  Coverage is included for bodily injury and property damage arising out of products manufactured or distributed by the policyholder for which potential side effects, adverse reactions, contraindications, warnings and/or precautions were disclosed in clinical trial protocols, consent forms, products package inserts or labeling cleared for marketing by any governmental health authority or regulatory body.

  • Terrorist Events.  Coverage provided pursuant to the Terrorism Risk Insurance Act (TRIA) is automatically included in Medmarc’s policy.
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    This web page outlines in general terms the coverages that may be afforded under a Medmarc policy.  All policies must be examined carefully to determine suitability for your needs and to identify any exclusions, limitations or any other terms and conditions that may specifically affect coverage.  In the event of a conflict between the terms and conditions of the policy and the information presented on this web page, the terms and conditions of the policy prevail.  All Medmarc coverages described in this web page may be offered by one or more of the property and casualty insurance company subsidiaries of the Medmarc Insurance Group.