PRODUCT
LIABILITY APPLICATION FOR MEDICAL PRODUCTS
DISTRIBUTORS
Applicant Instructions: Application must be signed
by owner, partner or officer. This
application shall be attached to and become part of any insurance policy
issued.
APPLICANT
A.
Full name of all entities to
be insured:______________________________________________________
B.
Principal address:____________________________________________________________________
C.
Phone#:_____________________________ Fax#:______________________________
D. r Individual r Partnership r Joint Venture r Limited Partnership r Other ___________
E.
Years in business under
present name:_____________________________________________________
F.
Describe present or prior
affiliation with other firms:___________________________________________
G.
Proposed effective date for
this insurance:__________________________________________________
FEIN: _______________________________
Website: _______________________________________
CONTACT NAME:
___________________________________________________________________
PRODUCTS
A. List all products you
distribute. For each product, list
whether you are (I) Importer, (W)
Wholesaler, (MR) Manufacturers Representative, (D) Distributor. List who you sell to: (W) Wholesaler, (MR) Manufacturers
Representative, (R) Retailer, (C) Direct to Consumer.
Product Gross
Sales You Are You Sell To
(Est. This Yr.)
________________________ _______________ ____________ _______________
________________________ _______________ ____________ _______________
________________________ _______________ ____________ _______________
________________________ _______________ ____________ _______________
B.
Gross Sales: Last Year_______________________ Preceding Year _______________
C.
Have you discontinued or are
you considering discontinuing any product to be covered by this insurance? r Yes r No
If Yes, please describe fully:___________________________________________________________
D.
With respect to each product
1.
Do you manufacture completed
products? r Yes r No
2.
Do you import component
parts? r Yes r No
3.
Do you export products or
have foreign operations? r Yes r No
4.
Are any of your products
subject to regulation by any government agency? r Yes r No
Explain any “yes” answer to 2, 3 or 4 above:____________________________________________
_________________________________________________________________________________
_________________________________________________________________________________
E.
Do you service, maintain or
repair any products? r Yes r No
If yes, please explain and attach copies of contracts if
applicable:________________________________
_________________________________________________________________________________
F.
Do you obtain hold harmless
or indemnity agreements from
dealers, suppliers or
manufacturers? r Yes r No
Please attach
copies
G. Do you require certificates evidencing
Products Liability Insurance from
dealers,
suppliers or manufacturers? r Yes r No
Please attach copies
PROCESSING AND QUALITY CONTROL
A.
1. Do
others manufacture, assemble, package or install products under
your name or
label? r Yes r No
2. Do you manufacture, assemble, package or
install products for others
under their name or label? r Yes r No
Please explain any “yes” answer to A. 1. or 2. above:_________________________________
_________________________________________________________________________________
A. 1. Do you employ any professionals, or give
medical advice? r Yes r No
2. Do you
assist in, or train others in, the use of any surgical products? r Yes r No
3. Do
you assist surgeons in operating room procedures? r Yes r No
CLAIMS HISTORY (attach company loss runs)
A.
Please list all claims
during the past five (5) years:
Policy Period Total Amounts Paid Total Amounts Reserved
___________________ __________________ _____________________
___________________ __________________ _____________________
___________________ __________________ _____________________ ___________________ __________________ _____________________
B.
Describe, in detail, any
claim in excess of $10,000:___________________________________________
_________________________________________________________________________________
_________________________________________________________________________________
C.
Are you aware of any
circumstance, which may result in a claim or suit being brought or made against
the applicant or any of your employees? r Yes r No
If yes, please describe:_______________________________________________________________
_________________________________________________________________________________
INSURANCE
A.
Please indicate prior
insurance carried:
Year Company Deductible/SIR Limit Carried Premium
___________ ____________________ ________________ _______________ _________
___________ ____________________ ________________ _______________ _________
___________ ____________________ ________________ _______________ _________
___________ ____________________ ________________ _______________ _________
B.
Is your current coverage r Claims Made or r Occurrence
If you have ever carried a
“Claims Made” policy please provide Retro Date:_______________
C.
Insurance requested:
1.
Limit of Liability:______________________________________
2.
Deductible/SIR:_______________________________________
D.
Has an insurer ever canceled
or refused to renew your Products Liability
Insurance? r Yes r No
If yes, please explain:_________________________________________________________________
_________________________________________________________________________________
_________________________________________________________________________________
Please attach Brochures, Labels, Service Agreements etc.
Any person who knowingly files an application for insurance or statement of claim containing any materially false information or conceals for the purpose of misleading, information concerning any fact material thereto, commits a fraudulent insurance act, which is a crime and also punishable by civil penalties in certain jurisdictions.
The questions in this application are not intended to, nor do they, indicate the existence, non-existence or limitations on any items of coverage. This document does not in any way determine coverage provided.
Signature
and Attestation: Name (Print):
______________________________
Return To: Signature:
_________________________________
VGM Insurance Title:
_____________________________________
A Division of DME Association, Inc. Date:
_________/_________/_________
Rev.060807
Please Print, fill in your information, then fax to Leon P Williams: Fax: 636-537-5076