Member Benefits for:
| | Marsh is pleased to work with BIOTECanada and is committed to supporting the Life Sciences industry. The Monitor program endorsed by BIOTECanada for its members offers comprehensive coverage and competitive rates for both publicly-traded, and privately-held and nonprofit entities including: - Directors and Officers (D&O);
- Employment Practices Liability (EPL); and
- Fiduciary coverage (for privately-held and nonprofit entities only).
Benefits of Membership Members of BIOTECanada and endorsing Canadian Accord organizations and Canadian members of BIOTECanada receive the following exclusive benefits: - Pre-negotiated coverage terms;
- Affordably-priced premiums for companies at all stages;
- 7.5 percent claim-free policy renewal credit;
- Modified prior notice enhancement for clinical trials;
- Definition of claim for Health Canada proceedings; and
- An additional $500,000 excess aggregate limit of liability protection dedicated to your individual directors and officers under your primary Monitor D&O insurance policy for a subsequent claim.
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As your broker, Marsh is your representative in the insurance marketplace. We are also your advocate and provide support in the event of a claim for those coverages we have negotiated on your behalf.
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