Embryo and Semen Storage Coverage

Annual Premiums Effective January 1, 2016

If you store semen and/or embryos that belong to your clients, you are responsible for the viability of this property of others while in your care, custody, or control. Semen and embryo storage coverage can be added to your PLIT-sponsored Professional Extension (animal bailee) Endorsement, which is an optional endorsement on your malpractice policy. This important coverage responds to all damage and loss of the stock while it is being stored at your facility or while you are transporting it to or from client locations. The policy states that, “the insurance carrier will pay for all damage, loss of use of, or destruction of animal embryos, cells, cell components, tissues, animal parts, or semen” contained in any one unit, while being transported, and at the specified location per your policy limits, conditions, and exclusions. Coverage applies if the embryos and semen are in your care, custody, and control. Limits are available up to $50,000 per location and up to $5,000 during transit.

How can I secure coverage for the semen and embryos I store for my clients? 
Semen and embryo transfer services coverage can be added to your PLIT-sponsored Professional Extension (animal bailee) Endorsement, which is an optional endorsement on your malpractice policy. The PLIT is pleased to offer this coverage because most professional liability and business package policies typically do not cover the storage and transportation of embryos and semen. This important coverage responds to allegations of negligence in the physical handling of embryos and semen.

How does coverage work? 
Limits are provided for individual units, during transportation, and per location. The policy states that for these three breakdowns, “the insurance carrier will pay for all damage, loss of use of, or destruction of animal embryos, cells, cell components, tissues, animal parts, or semen” contained in any one unit, while being transported, and at the specified location per your policy limits, conditions, and exclusions.

What if I am driving the materials from the client’s facility to my practice?  
Coverage applies if the embryos and semen are in your care, custody, and control. For example, if you were involved in a car accident while driving from a client’s site to your practice, damaged vials and lost specimen would be covered.

 

Type of coverage

Plan A

Plan B

Plan C

Plan D

Plan E

On-premise total$10,000$20,000$30,000$40,000$50,000

During transport
(in your possession)

$5,000$5,000$5,000$5,000$5,000
Per-unit deductible$1,000$1,000$1,000$1,000$1,000
Premium per location$150$300$450$600$750

This notice contains only a general description of coverages and does not include all the benefits and limitations found in the policy. All references to coverage are subject to the policy’s conditions and exclusions. The insurance policy and not this notice will form the contract between the insured and the insurance company.