Clinical-trials-insurance

Do I need to purchase medical device insurance?

Do I need to purchase medical device insurance?

Medical Device Insurance provides cover for companies that develop, manufacture and distribute medical devices and equipment, including start-ups and R&D companies.

How does it protect me?

  • Products liability – the cover provides protection against the risk of medical devices or equipment failing, injuring someone or damaging property.
  • Professional indemnity– this is to cover you for claims made against your company for negligence, a breach of contract and general errors or omissions
  • Employer’s and public liability – covers compensation claims made by employees or members of the public for injuries, illnesses or damage to property; a specialist policy can also cover claims made by people taking part in clinical trials
  • Business interruption – flexible cover that can include a loss of profit or R&D funding if you’re unable to continue working at full capacity

How do I get a quote for medical device insurance?

Contact our medical device Insurance team today on 091 563518 we will do our best to answer any of your queries and obtain a competitive quote. We will work closely with you to identify your insurance needs and wants.