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 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 |
|---|
| 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.