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.