JH Insurance

DAMAGE TO R&D PROPERTY
Traditional “fire & perils” policies only go part way to covering the potential for damage to R&D Property.
This policy goes much further, providing cover:

• At premises throughout the supply chain and whilst in transit
• With a wide definition of “stock” including documents and electronic data
• For damage or spoilage resulting from power outage, equipment breakdown, contamination and ideologically motivated attack
• For full stock re-creation costs, including those attached to repeating completed R&D
• For undamaged property when condemned by a competent authority

“FLEXIBLE FIRST LOSS” BUSINESS INTERRUPTION COVER
We recognise the importance of reaching milestones within budget and that R&D expenditure tends to ramp up in the approach to significant events such as clinical trials. This policy therefore provides flexible and comprehensive Business Interruption cover. Benefits include:

• Disruption due to damage at supply chain premises, even if there is no damage to the insured’s property
• Loss or damage to stock in transit
• A first loss sum insured that can compensate for lost revenue, unproductive R&D expenditure, committed costs and project delay costs without sublimit
• No weekly sublimit

LIABILITY TO THIRD PARTIES
This policy provides broad, specialist liability cover, including:

• Product and services liability covering third party property damage, bodilyinjury and financial loss on a seamless basis ensuring no gaps or overlaps
• Clear, unambiguous cover for breach of a client contract
• Clinical trial insurance available for single trials, or on an annual multi trial basis with the cover limit separate to, or aggregated with, product and services liability
• Comprehensive general liability, including pollution and contamination, tenants' legal liability, employee benefits liability, non owned and hired auto and medical expenses
• Cover for suits brought anywhere in the world as standard

All this at very competitive prices.

To obtain a quote all we need is a completed Application Form. Life Science Application Form