Pharmacy Insurance Program
for Independent Pharmacy Owners
ONE SIMPLIFIED POLICY
One Policy to combines General Liability, Professional Pharmacists Liability (E&O), and Business Property, all in one simplified policy.
Additional Coverage’s:
Equipment Breakdown
Spoilage
Money & Securities
Accounts Receivable
Non-Owned Auto
Loss of Business Income & Extra Expense
Valuable Papers
Additional Insured & Loss Payee
Computer Virus
Employee Dishonesty
Tenant Improvements
Other Policies Available:
WORKERS COMPENSATION
DISABILITY
ACCIDENT
CRITICAL ILLNESS
RISK & SOLUTION
Risk - You are sued because somebody visiting your store slipped and injured themselves due to a mopped floor.
Solution - General Liability Protection provides coverage for injury to others at your premises and helps protect you from lawsuits brought against you.
Risk - A customer is injured after taking a prescription that was filled incorrectly.
Solution - Pharmacists Professional Liability endorsement provides for legal obligations arising out of professional errors, negligent acts or omissions during the course of practicing their craft.
Risk - You handle a significant amount of cash in your business and a robbery could impact your income greatly.
Solution - Money & Securities covers you against the loss of money or securities due to theft, disappearance or destruction. Included with Retail Shield endorsement.
Risk - Your weekly bank deposits are short of your sales receipts.
Solution - Employee Dishonesty coverage responds when an employee steals money or property from your business. Included with Retail Shield endorsement.
Risk - A fire or broken pipe damages your store and you can’t operate your business until repairs are made.
Solution - Business Income & Extra Expense provides for loss of income and fixed expense while the business is closed due to a covered loss. This coverage can also help set you up at a temporary location during the repairs.
SAMPLE POLICY
$2,000,000 General Liability
$4,000,000 General Liability Aggregate
$350,000 Business Personal Property
$1,000,000 Non-Owned Auto
$2,000,000 Pharmacists Liability (Errors & Omissions)
$1,000 Counterfeit Currency
$10,000 Accounts Receivable
(Actual Loss Sustained) Business Income
$2,500 Forgery or Alterations
$10,000 Computer Virus
$2,500 Personal Effects
$10,000 Valuable Papers
$10,000 Property Off Premises Extension
$10,000 Property In Transit
(Actual Loss Sustained) Equipment Breakdown
Additional Insured & Loss Payee
Starting at $1,944 Per Year