Biotech and Life Sciences Insurance

Biotech and Life Science Insurance Formulated To Fit Your Industry

Whether you’re working with chemicals or planning research trials, you face unique risks. At Baldon Insurance Group, we understand the complexities of the biotech and life sciences industry. That’s why we offer specialized insurance coverage designed to keep your business protected.

Insurance for Biotech Companies

What Is a Life Science Insurance Policy?

A life science insurance policy includes coverage to protect your business from various industry-specific risks. This can include:

  • Strict regulation
  • Supply chain interruption
  • Patient injury
  • Product or sample loss, recall, or spoilage

In addition to these unique risks, biotech companies also face common issues like property damage or bodily injury. Our comprehensive business insurance helps keep you protected no matter what comes your way.

Who Needs Life Sciences Liability Insurance?

Life sciences liability insurance is essential for:

  • Biotechnology companies
  • Medical device companies
  • Businesses conducting clinical trials
  • Dietary supplement and nutraceutical companies
  • Life science service organizations

Basic Life Science and Biotech Insurance

Biotech companies and businesses in the life sciences industry can benefit from a Business Owner’s Policy (BOP). This policy combines three types of essential business insurance coverages into one convenient package:

  • General liability insurance
  • Commercial property insurance
  • Business income insurance

Covering Your Life Sciences Operations

You’ve invested significant time and resources to build your business. Having the right insurance coverage is crucial to maintaining your success. Our life science insurance coverage protects against unique industry risks, ensuring your operations run smoothly.

Protecting Your Life Science Property

Working in the biotech industry means relying on expensive equipment and delicate materials. From your facility to your specialized tools, having life science insurance ensures that your property stays protected on the job. Coverage can include:

  • Cyber Attack
  • Storm Damage

Taking Care of Your Biotech and Life Sciences Team

Your employees and researchers drive innovation at your life sciences business. We know how important they are to you. That’s why we offer insurance protection that helps cover them while they’re on the job. Coverage can include:

  • Employee Injury
  • Car Accident

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