Specially Designed Professional and General Liability Insurance for Members of AAB, CRB and NILA.
■ Individual Coverage:
Professional liability insurance, sometimes called Errors and Omissions Liability Insurance, protects you and your assets by defending claims, usually in the nature of negligence or malpractice, in situations where someone claims damage or injury as the result of your professional advice or services. The intent behind this coverage is to protect your personal assets from the risks of liabilities imposed by lawsuits and similar claims.
■ Laboratory Coverage:
Professional Liability coverage that will expand coverage for the laboratory and its employees for acts performed within in the scope of their services. The policy is intended to extend to both Professional Liability as well as General Liability because of the potential crossover of lawsuits.
General Liability insurance policies provide coverage to businesses for personal injury, property damage and other claims arising out of the operation of the business, the use of the business’s products, or accidents or events that occur on the business premises.
All other lines of coverage usual to a laboratory will also be available. Carrier selection will be dependent upon the services being provided at the laboratory.
Sallop Insurance Inc. is a boutique insurance brokerage firm catering to miscellaneous health care facilities for more than 55 years. Sallop’s practice includes a sub-specialty of risk mitigation and underwriting expertise available to all of its clients.
Through education and attention to the changing political and legal environment of many complex industries, Sallop represents that it has influenced insurance practices in the area of miscellaneous healthcare programs, including but not limited to practices and laboratories involved in Assisted Reproductive Technology (ART) and Organ and Tissue Procurement and Emerging Healthcare Technologies. This industry focus has culminated in Sallop's belief that it has the ability to provide comprehensive coverage, and favorable pricing, terms and conditions.
Sallop, in partnership with an A-rated insurance carrier, specifically designed an insurance program to meet the needs of the members of AAB, CRB, and NILA laboratories.
All individuals providing services in a laboratory setting who may be involved in an incident that may give rise to a claim need liability insurance coverage. This coverage will provide you, the individual, with protection regardless of whether the laboratory coverage has been amended to include your services as an Independent Contractor. In many cases, individuals who are working at multiple laboratories are not typically granted coverage under any laboratory’s insurance program(s). If you are offered coverage through the laboratory, additional coverage may be recommended as the limits on the laboratory’s insurance policies may not be sufficient to cover the potential liability exposure.
Professional Liability (Claims Made)
General Liability (Occurance)
AAB, CRB and NILA are assisting in making the services of Sallop available to members. AAB, CRB and NILA do not write, underwrite, issue or control the policies, nor are they involved in the implementation of the policies, the insurance relationship, or the handling of claims. The insurance relationship is solely between the Insured or the policy Owner, and Sallop. AAB, CRB and NILA bear no responsibility for any dissatisfaction with, or claims against Sallop or its insurance policies.