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Pharmacies

Insurance

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Your pharmacy protects health, ensure it's protected properly!

As a pharmacy owner, you play a crucial role in public health while managing a retail business. This dual responsibility comes with its own set of risks: dispensing errors, property damage, incidents in the parking lot, or product recalls. A standard insurance policy simply isn’t sufficient.

To protect your establishment, employees, clients, and yourself, it’s essential to have insurance specifically designed for pharmacies. It takes into account the unique aspects of your profession, covering both your professional services and the commercial aspects of your business.

The experts at J. Gérard Fortin & Associés work with insurers who offer targeted and customized protections for pharmacists. Whether you operate alone or with a team, we help you find the most suitable coverage for your realities.

Coverage That Understands Your Reality

Insuring a pharmacy isn’t just about covering a business: it’s about considering the professional and regulated nature of your services. It’s important to choose a policy that addresses all elements of your daily operations, from pharmaceutical advice to inventory management.

The experts at J. Gérard Fortin & Associés can guide you in analyzing your specific needs to build comprehensive, reliable, and scalable insurance.

A well-chosen insurance policy will allow you to operate with peace of mind while protecting your pharmacy’s reputation and assets.

Key Elements to Include in Your Protection :

Professional Liability for Pharmacists

Covers errors or omissions in dispensing medications or providing advice to patients.

Tenant Liability

Protects against damages caused to your leased premises, such as fire or water damage.

Sidewalks, Driveways, and Parking Lots

Covers incidents involving clients or third parties injured on exterior surfaces under your responsibility.

Retail Product Recall

Covers expenses related to a product recall, including communication campaigns, financial losses, and managing returns.

Goods in Transit

Insures medications, equipment, or other professional products during transportation, whether between branches or for delivery.

Frequently Asked Questions

Does the insurance cover home deliveries made by pharmacy staff?

Yes, certain protections can include delivery services, but it’s important to disclose this service to your insurer to properly manage the risks associated with travel.

Can I insure multiple branches under a single policy?

This depends on your business structure and needs. A broker can help you consolidate certain protections to simplify management while ensuring optimal coverage.

What happens if I add a service like a laboratory or a private consultation area?

Adding services changes your risk level. It’s recommended to review your coverage with an expert to ensure it remains adequate.