| Medical and Dental Products Liability
The Casualty Division offers specialized coverage designed for the Medical and Dental products manufacturing industry.
Coverages Offered
- Commercial General Liability and Products / Completed Operations Liability
- Occurrence and Claims-Made coverage form options, based on the hazards involved
- Options for Defense Outside and Inside the Limits
- First Dollar Coverage, Small to Moderate Deductibles, SIRs
Will consider ground up coverage with no deductible
- Plus Coverage Endorsement including Additional Insured(s)—Automatic status when required in writing in a contract or agreement: Vendors, trade Events, Managers or Lessors of Premises, Mortgage, Assignee or Receiver, Lessors of Leased Equipment, and more
- Offered on a non-admitted basis only
Risk Appetite
- Target Premium Size: $5,000 to $250,000
- Revenue between $250,000 and $25,000,000
- Start-up Operations and New Ventures
- Discontinued Products / Operations
- IBNR Coverage
Eligible Exposures
- Medical and Dental Equipment and Supplies
- Diagnostic and Treatment Machines and Devices
- Surgical Instruments and Expendable Products
- Monitoring Equipment and Devices
- X-Ray, MRI and Radiation Devices
- Orthopedic or Ambulatory Devices
- Invasive and Non-Invasive Products
Ineligible Exposures
- Implantable Products
- Pharmaceutical (Separate program available from General Star)
Primary Minimum Premium
- $5,000 Claims Made
- $7,500 Occurrence
Limits Available
- General Liability
- $2,000,000 per Occurrence
- $4,000,000 General Aggregate
- Product Liability
- $2,000,000 per Occurrence
- $4,000,000 Products / Completed Operations Aggregate
- Limited Product Withdrawal Expense Coverage
- Option of $100,000 and $250,000 each withdrawal / aggregate
- Up to $5,000,000 in Excess limits available
Submission Requirements
- General Star or other Products Application, signed by the applicant
- Currently valued carrier loss information (not older than 90 days) for a minimum of five years including descriptions of all claims
- Complete product brochure or website
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