Products-Completed Operations Liability Policy. This coverage was developed to respond to claims associated with bodily injury or property damage by third parties for work performed and for products sold and delivered. This coverage applies when the provider has completed the work and/or the product is no longer in the possession of those who handled it in the chain of commerce, such as the manufacturer, wholesaler, and retailer.
Errors and Omissions Policy. This coverage is triggered with a “Wrongful Act” which is a negligent act, error or omission in your work in the manufacture, design, production, processing, installation, preparation, assembly, blending, missing, distribution, packaging, labeling, crafting of instructions for use, or storage (while in the care or custody of and insured) of your product, or wrongful results of research.
*In the event any of the information presented conflicts with the terms and conditions of any policy of insurance offered by Medmarc Insurance Group, the terms and conditions of the actual policy will apply.
Medical device companies that distribute, develop, or manufacture products for the following industries:
Full list of eligible products can be found here.
Review our extensive Resource Library for Medical Device Companies to learn more how to mitigate risk as it pertains to your products and your work around the world.