Introduction
We work hard to acquire and maintain a business. Whether it is owned or rented it does not cease to be the main, perhaps even the only, source of our income. It’s important to know that if something happens, we can get things back to the way they were before the event. So understanding how important it is to you, we offer you our Pharmacy or Clinical Lab Package All Risk policy for your business.
The policy covers
This is an excellent insurance policy, specially designed for Pharmacies and Clinical Laboratories needs. It replaces up to 10 separate policies that any business must have for its proper security. Under a comprehensive policy with a total cost of at least three-quarters of the total cost you would have with 10 different policies, you are better insured.
It can cover loss or damage to your property, Accidental Damage to Glass, Third Party Liability, Product Liability, Personal Accidents to you and your staff, your Goods in Transit, Damage to your Goods , Loss of Money, Your Liability as an Employer, Dishonesty of your employees, Theft, Cyber Attacks, etc. It also covers your Professional Liability as required by Law. We strongly recommend Pharmacy and Clinical Lab Package All Risk policy.
The policy is addressed
To business owners or tenants of Pharmacies and Clinical Laboratories.
Basic Coverages
The policy’s basic coverage covers loss or damage against all perils not excluded by the policy
This is an All Risk policy.
Additional Coverages
The following extensions are also offered without additional premium:
Architects & engineers fees and debris removal
Accidental damage to cables or underground services
Rent payable/collectible
Leak detection and repair
Replacement of locks
Meter water loss
It also combines the below insurance coverages without additional premium
Consequential Damage With Extensions – Denial of Access – Fees of Professional Accountants
Money With Extension – Personal Accidents from Assault
Glass panes
Personal accidents
Third Party Liability With Extension – Product Liability
Goods in transit
Deterioration of Goods in cold rooms/refrigerators
Technical Assistance is also offered at no additional premium
With an additional premium comes the option to add even more insurance coverage at a reduced cost and paying premiums for just one policy.
Employer’s responsibility
Employee dishonesty
Short circuit
Cyber attacks
Professional Responsibility
The coverages are detailed below:
Excel table PHARMACY CLINICAL LAB PACKAGE ALL RISK
