Life science start-ups are faced with a deluge of demands on limited human and financial resources, so if the insurance industry lends a hand with simple and for the most part economical one-size-fits-all package for life science companies, what’s not to like, asks life science insurance expert, Ian Thomson, RKH Healthcare.
Insurance packages offer an easy and straightforward option, designed to be hassle-free. For small businesses and start-ups they are often an efficient and effective solution. Package policies save time, but for life science companies they’re rarely the right answer for long.