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 property 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.