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Life Science Insurance

Life science companies are at the forefront of innovation, so they face risks that no other industry does. Even within the industry, every company has unique exposures and insurance needs. At Costello and Sons Insurance, we understand the industry and we’re on your side to provide the liability protection you need, even in the face of rapid marketplace changes. We’ll help you protect your company from financial losses by bringing you insurance coverage for the liabilities you face.

Does Your Company Need Life Science Insurance?

If your company manufactures, is involved in research for, or provides services related to medical devices, pharmaceuticals, biotechnology, or any aspect of the life science industry, the answer is: yes, you need a specialized professional liability policy.

Companies involved in the life science industry are vulnerable to a number of unique liability exposures. Along with general liability coverage, errors and omissions protection, directors and officers policies, and property insurance, your company may need a policy that covers additional services you offer. Consider if your company needs coverage for such liabilities as bio contamination, losses associated with research records, disclosure of confidential information, intellectual property infringement, and clinical trials. As the life science insurance expert, Costello and Sons Insurance can help you determine precisely what coverage your company requires.

Life Science Insurance Products

Costello and Sons offers insurance products tailored to your company for all your risk management needs. Our integrated approach ensures that all your exposures are covered. We can protect you from the financial, human resources, litigation, operational, and professional services exposures your business faces. Choose the appropriate images above to explore the life science insurance products we offer. You’ll find details about property, liability, errors and omissions, workers’ comp, management liability, and employee benefits. You can also learn more about our involvement in the TechAssure and National Venture Capital Association groups, which demonstrate our commitment to the innovative field of life sciences. Whatever the goals of your organization, Costello and Sons can protect your company as you work toward achieving those goals.

Coverage from Costello and Sons Insurance

Let Costello and Sons help you protect your life science company with the right coverage so that your business can prosper. We represent every major insurance company in the life sciences space, ensuring that we can bring you the policy you need at price you can afford.

In keeping with the innovative thinking that makes Costello and Sons Insurance an ideal provider of coverage for life sciences companies, we also hold a Green Business Certification. We are paperless, which benefits the environment and makes doing business with us easy on all our clients. Costello and Sons is a regional insurance broker; we are small enough to provide personal attention and large enough to offer worldwide operations.

As a full service insurance brokerage firm, Costello and Sons offers a variety of additional insurance products and services in addition to our specialized products for the life sciences industry. We offer insurance products such as group health, dental, life, disability, and long-term care coverage. We also provide set-up and administration for 401(K) plans and personal insurance coverage for high net worth individuals and family offices.

 

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