Fertility centres have very complex insurance needs and each one is different. So talk to someone that has been helping this sector since 1999. Someone that understands how valuable frozen embryos and gametes are, and the pros and cons of having malpractice insurance with and without cover for individual practitioners.
Talk to us but in the meantime, the table below summarises some of the insurance types that a fertility centre might need to consider.
To insure the buildings against damage such as fire, storm, flood or escape of water.
Damage to equipment at and/or away from the premises. This can include breakdown cover.
Cyber insurance can cover damage to equipment for example by, computer hacking.
To insure the business contents and stock against damage such as fire, theft or escape of water.
To cover loss of vaccines etc. as a result of a fall or rise in temperature in dewars or incubators.
The use of pressure vessels, lifting equipment and extraction systems entails regular inspection. This is compulsory. It can also cover breakdown of equipment, fragmentation and damage caused to surrounding equipment.
To cover damage to fixed glass and sanitary fittings.
To cover theft of money from the premises, in transit or the home of an authorised person.
To cover lost income and the costs of keeping the business running following insured damage at the premises.
Cyber insurance can cover loss of income following a data breach, denial of access or cyber attack.
Handling cash or valuable stock can result in theft by employees. This insurance will cover such events.
To provide legal advice and costs of pursuing or defending certain actions such as employment, contractual or property disputes.
To cover loss of income following the refusal to renew, or withdrawal of a licence.
To cover legal defence costs and awards made against you arising from your liability at law for injury to your employees. This is compulsory.
Usually added to Directors’ & Officers’ Liability insurance, this protects the business in the event of an alleged wrongful employment act.
To cover legal defence costs and awards made against you arising from your liability for physical or emotional harm caused during medical treatment.
To cover legal defence costs and awards made against you arising from liability at law for injury to others or damage to their property arising out of products or services supplied by you.
To cover legal defence costs and awards made against you arising from liability at law for injury to others or damage to their property arising out of your business activities (but not products supplied).
Sometimes called directors’ and officers’ liability, this protect the personal assets of a director or senior employee following an allegation that they committed a wrongful act during the course of running the business e.g. Health & Safety at Work, employment dispute or financial matters.
To cover claims from third parties for damage to their systems, loss of money, business interruption, breach of copyright, penalties from regulator.
To provide cover for medical expenses, cancellation costs, money, lost passport, replacement employee expenses for employees travelling on business.
To provide a lump sum payment and/or regular weekly payments following permanent or temporary disablement as a result of an accident e.g. loss of an eye or a broken leg.
Ms CP, Sonographer, Eastbourne
Ms DM, Radiographer, Clacton on Sea
Victoria Fothergill, Sonographer, Nottingham
CH, Sonographer, Basingstoke
Julia Warne, Sonographer, Cheltenham
MB, Sonographer, Ilford
