Premier Life Science

• Broadform liability: Public liability and products and services liability coverage for third party property damage and bodily injury, including personal injury.
• Clinical trials liability: Coverage for injury to participants in clinical trials conducted to validate the safety and efficacy of your medical products.
• Extended liability for claims-made coverage: Ensures certainty of coverage for future claims correlated to circumstances reported to us or to claims made against you during the policy period.
• Extensions: Product recall, bodily injury or property damage arising from cyber events, healthcare services liability, medical monitoring expenses, property in your care, custody and control, and crisis response expenses.

• Product or service performance failure liability: Provides financial loss protection, including cover for performance-based contractual liability.
• Network security liability: Coverage for financial loss to third parties whose computer systems are hacked or compromised due to an actual or suspected defect in your product or service.
• Intellectual property and media liability: Protection for damages sustained by a third party resulting from actual or suspected trademark, copyright and other intellectual property infringements or disclosure of confidential client information.
• Extensions: The return of amounts paid for your products or your services, legal costs for regulatory inquiries, and expenses incurred to mitigate an actual or potential claim against you from a customer.

• First party cyber incidents: Coverage for business interruption, data recovery costs and extortion negotiation, including privacy notification expenses, forensic expenses, remediation and crisis management expenses, and investigation and defence of regulatory actions. Clients will be supported by Chubb’s Cyber Incident Response team, designed to help mitigate and resolve cyber events.
• Privacy and network security liability arising from a cyber incident: Complements the cover provided under Products and Services Professional Indemnity, ensuring comprehensive coverage for risks related to the disclosure of confidential client information.
• Extensions: Emergency incident response, cybercrime, betterment costs, telecommunications fraud and reward expenses.

Chubb's Cyber team is dedicated to helping you prevent and prepare for incidents, ensuring you are well-equipped to navigate complex regulatory and legal challenges that can arise from a data privacy breach.