What Does Product Liability Insurance from Beazley Cover?

Beazley includes products/completed operations coverage as one of the core coverages in its Life Sciences package, bundled in a single policy form (BioSecure) alongside errors and omissions, healthcare professional liability and general liability rather than sold as a standalone product-liability policy. ^1,2Company-reportedLife Sciences and BioSecure product pages; the bundled structure applies to this life-sciences segment, not a general commercial product-liability offering.

The reviewed Life Sciences and BioSecure pages do not name the insurer that issues products/completed operations coverage for a given account; the issuing entity is not established by these product pages. ^1,2Not found in reviewed sourcesBoth pages as read on 2026-09-23; no policy form, declarations or entity-specific disclosure for this line was reviewed.

Beazley targets middle-to-large life-sciences organizations for this coverage, including medical device companies, pharmaceutical and biopharmaceutical manufacturers, blood and tissue banks, biotechnology firms, contract research and contract manufacturing organizations, and academic research institutions. ^1,2Company-reported"Who we can help" sections of the Life Sciences and BioSecure pages; smaller life-sciences companies or other segments are not addressed by these pages.

Beazley describes products/completed operations coverage as responding to bodily-injury and property-damage claims arising from a life-sciences organization's sold products, illustrated with scenarios such as a heating pad allegedly causing burns and a device allegedly causing skin burns during a procedure. ²Company-reportedIllustrative example scenarios on the BioSecure page; scenarios show the type of claim the coverage is meant to address, not a guarantee that a particular claim is covered.

Product-liability coverage for life sciences is written on one of three product forms: BioSecure for clinical-trial and sold-product organizations, NutraGuard for nutraceutical, personal-care and cosmetics companies, and WellTech for technology-focused life-sciences organizations; general liability within the package can be written on a claims-made or occurrence basis. ¹Company-reportedLife Sciences page "Our Coverages" and general-liability line item; the reviewed pages describe BioSecure in the most detail and do not itemize which coverages NutraGuard and WellTech each include.

The reviewed Life Sciences and BioSecure pages do not publish limit, retention or deductible amounts for products/completed operations coverage; those figures are not shown until an application and quote. ^1,2Not publicly disclosedBoth pages as read on 2026-09-23.

Beazley says it has dedicated wordings professionals who craft policies for the life-sciences sector and a named healthcare claims team, including a Claims Team Leader and Claims Product Specialist for healthcare, that handles claims on this coverage. ^1,2Company-reported"The Beazley Difference" bullets and team listings on the Life Sciences and BioSecure pages; claims-handling quality and turnaround are not independently verified.

Beazley posts a Life Sciences application form and a separate BioSecure application under each page's Tools & Resources, pointing to a broker-submitted underwriting process rather than a direct online quote for this coverage. ^1,2Company-reportedTools & Resources links on both pages; the application forms themselves were not opened.