Specialty Insurance Designed for
Laboratories for Soil or Seed Testing

Liability Protection for Soil and Seed Testing Laboratories

What are the Key Features of this Insurance Program?

This specialist insurance cover is written on a claims-made basis, which means it covers claims first reported during the policy period, provided they do not arise from circumstances already known before your cover incepted, or mistakes made before the Retroactive Date.

Underwriters define:

• Soil Testing as testing a Representative Sample of soil, for fertility and chemical composition and suitability for growing a specified crop for or on behalf of others, this includes the reporting of the results of such tests to the party requesting them.
• Seed Testing as testing a Representative Sample of Seed for or on behalf of others, and the reporting of the results of such tests performed in accordance with the Association of Official Seed Analysts (“AOSA’s”) “Rules for Testing Seed” or any other assays that have been validated or officially recognized by the appropriate governmental authority.

To protect your balance sheet, your policy limits and deductible include defence costs and legal expenses. Underwriters set your deductible based on your organisation’s turnover and claims history to create the most effective risk transfer solution. Our experienced brokers work closely with you and Lloyd’s of London Underwriters, taking a flexible approach when tailoring your policy to support your activities.

This program is specifically designed for United States based Soil or Seed Testing Laboratories; although the standard wording will cover most of your activities in special cases, Underwriters may be able to extend the scope of your cover.

In the event of a claim the Lloyd’s process is designed to work for individuals, and businesses of all sizes. Which means, whomever you are, and whatever the nature of your claim, you can be confident we shall deal with it in the most suitable way. When you secure your policy with Lloyd’s of London, you can be certain you are in safe hands. Lloyd’s has built its global reputation by upholding its promise to pay all valid claims for more than three centuries. This is what sets Lloyd’s apart, and it is done by providing unparalleled security, global strength, exceptional service and world-class expertise for customers globally.