Best's Loss Control Report

Laboratories - Research and Development

Best's Loss Control reports describe the hazards present in a wide variety of industries and municipal services. Each report includes a description of the industry, on-site inspection checklists to identify exposures and loss controls, and a Hazard Index chart that quantifies the degree of liability in relevant lines of insurance.

Report Date: 11/27/2023 2:32:49 PM
Report Type: Update
Report Description: The Laboratories – Research and Development report helps readers assess the insurance needs of development laboratories that are devoted to discovering new scientific and technological principles and how to implement them. Workers’ Compensation, Property, and Business Interruption are the lines of insurance coverage that carry the highest degree of exposure. Special exposures include the use of hazardous and toxic chemicals, heating equipment that produces open flames, and difficulty finding replacement space. Related reports include Accounting Firms, Animal Hospitals, Colleges and Universities, Dental Laboratories, Laboratories – Commercial Testing, Medical Imaging Centers, and Medical Laboratories.

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