The life sciences industry is intricate and dynamic. Life science companies have unique coverage challenges due to exposures such as research and development costs, clinical trials, and a litigious environment.
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We are familiar with the unique coverage requirements of the life science industry. We offer insurance programs designed specifically for businesses in all phases of medical technology research, development, and manufacturing.

Instead of providing you with a single option, we work with a number of partners so that we can source the best options for your risk profile and budget. We provide coverage for medical devices and biotechnology throughout the entire product life cycle, from early-stage research and development to clinical trials and beyond.

• Biologics
• Distributors and Wholesalers of Pharmaceuticals, Nutraceuticals, and Medical Equipment
• Medical Product and Device Manufacturers
• Research and development institutions
• Biotechnology
• Contract Manufacturing Businesses
• Analytical Laboratories
• Contract Research Businesses
• Clinical Trials

In the life sciences industry, we know you have to innovate to stay ahead. Companies in the industry compete and strive to be the first to develop new drugs, supplements, medical devices, and technologies that promote better health. Let us put together a specialized Life Sciences Insurance solution that minimizes loss potential and protect your bottom line.

Strive Insurance Group, Inc. (formerly Gordon Lund Insurance Agency, Inc) is an independent insurance agency representing many insurance companies.  This means that we quote with many different insurance companies to obtain the best rate and coverage for your insurance.  We do this at no additional fee or service charge to you.  Our insurance agency's reputation for representing the best insurance companies, providing excellent customer service and competitive pricing to our clients has been earned and proven for over 30 years.  We take great pride in finding you the best coverage and backing it up with prompt personal service.  

Business insurance is crucial in the current economic climate. In case we get sick or hurt, we have health insurance. We have auto insurance to protect us in case of a collision and allow us to drive legally. There is no exception for businesses. The proper types of company insurance coverage are necessary if you operate a business in order to safeguard it.  Common misconceptions about company insurance are dispelled as follows:
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Only Large Businesses Are Sued
Even in our litigious culture, many people are aware that going after a big business in court is frequently a bad idea. They have the financial wherewithal to wait out a plaintiff, tying up the matter in court as their in-house attorney refuses to move.
Forty percent of all small firms, according to the Small Business Administration (SBA), are thought to be involved in litigation every year. Therefore, it is highly possible that you will have faced legal action by the time you have been in operation for three years.

Insurance Is Not Necessary For Small Businesses
Simply said, this claim is untrue. In this litigious environment, any size of company can be sued. Every year, numerous small firms get into legal disputes.

The size of your business property, the number of employees you have, or even your revenue are not factors in business insurance. It needs to be based on the risk exposure that your company faces. The correct insurance coverage can assist in protecting your business from catastrophe, regardless of the risk, which may include fire, theft, liability for injuries, or a lawsuit based on a service or product your firm delivered.

My Home-Based Business Is Covered By Homeowners Insurance
It's crucial to understand that your homes insurance won't offer enough protection for your home-based business if you're self-employed and operate from home. According to the Insurance Information Institute, the median homeowner’s policy only covers business equipment up to $2,500. (III). This might not be sufficient to cover all of your commercial property. Additionally, a homeowner’s policy won't offer liability or lost income coverage, which you could require. Your alternatives for home-based business insurance can include:

BOP: This sort of insurance is intended for small to medium-sized businesses. If your home-based business has multiple locations, it is a wise decision. On a far larger scale than an in-home business policy, a typical BOP will cover business property and equipment, liabilities, lost income, and other expenses. 
 
The Cost of Business Insurance Is Expensive
Although it is not free, business insurance is required to run a business. Cutting costs in a way that puts your company in danger is not a cost-effective strategy. Every day, several small businesses are sued for various reasons. Your company's size, location, and the kinds of services or goods you offer will all affect how much your business insurance will cost.

Strive Insurance Group, Inc. (formerly Gordon Lund Insurance Agency, Inc) is an independent insurance agency representing many insurance companies.  This means that we quote with many different insurance companies to obtain the best rate and coverage for your insurance.  We do this at no additional fee or service charge to you.  Our insurance agency's reputation for representing the best insurance companies, providing excellent customer service and competitive pricing to our clients has been earned and proven for over 30 years.  We take great pride in finding you the best coverage and backing it up with prompt personal service. 
Call our team for a free review. 

Everyone needs some level of personal insurance. Most purchase auto insurance, homeowners or renters insurance, life insurance, and maybe personal umbrella coverage. There are some many choices that at times you may wonder which is best for you and your family.  We put together a list of questions you might think about as you consider your personal insurance. We always recommend you review your personal insurance annually to make sure it is still meeting your needs. 
 
Do Agents Offer Something Different?
 
We would answer that as a yes because, agents have access to different kinds of insurance companies, they offer you a choice and work to provide the best possible combination of coverage price and service. Agents are a small business whose goal is to look out after their clients.
 
If I Rent, Do I Still Need Insurance?
 
Renters should purchase renters insurance to protect their personal property like; furniture, guns, electronics, and clothes. Your apartment owner may also require liability coverage, which can be included in renters insurance. Renters insurance is very affordable and can be an effective way to make sure you are covered in the event of a loss.
 
Does The Type Of Vehicle Affect My Auto Premiums?
 
Yes. The make and model of the car you drive play a factor in your car insurance rates. The cost of your vehicle also makes a big difference; the more it costs to repair or replace your vehicle, the more you will pay to insure it.
 
Are There Auto Insurance Discounts?
 
Many insurance carriers offer lower rates to good students, military personnel and people with excellent credit. Ask your agent what discounts are available.
 
Will a Parking Ticket Affect My Auto Insurance Premiums?
 
Not usually. You can generally have one ticket on your history without it adversely affecting your premium.
 
 
When Should I Consider Life Insurance?
 
Life insurance is something you might consider when you get married or start having children. Some employers offer a small amount of life insurance, but these plans generally are not enough. Life insurance can provide peace of mind to loved ones in the event of an untimely death of a breadwinner. Life insurance proceeds can be used to fund college, pay for outstanding bills, to supplement lost income for a period of time.
Life insurance premiums are at all time lows so it can be a very cost effective financial planning tool.
 
Is A Personal umbrella Policy important?
 
Most of us engage in daily activities that put us in danger. Your danger of being sued simply increases if you own a car or an automobile. Many Americans only purchase vehicle liability insurance for $300,000 and homeowners’ liability insurance for no more than $300,000. A personal umbrella policy can give you an extra $1 million in liability protection. 
 
I Am Remolding My Home, Do I Need To Adjust My Insurance?
 
If your insurance is written on a replacement cost basis, there may be no need to make adjustments, but we always recommend you contact your agent to review this question. The answer depends on the kind of work you are doing. For example, if you are replacing your carpet with a similar product, you may not need to make any changes in your policy. But if you are adding a 500-foot addition on to your home, then this would definitely require adjustments in the value of your home.
 
For example, say your insurance valuation is based on a kitchen with laminate countertops and generic cabinets. But then you spend $60,000 on granite countertops, custom cabinets, and top-of-the-line appliances. Would your existing coverage be sufficient to rebuild your remodeled kitchen after a loss? Most likely, you would have an issue.
 
Before you enter into any renovation project, contact your agent, and they can help you identify which areas may require insurance updates.
 
I Have A Home Based Business, Should I Get Additional Insurance?
 
Homeowners or renters insurance policies do not cover any business risks. If you run a business out of your home, we recommend you purchase a business insurance policy. If you have customers in your home for business purposes, your home insurance does not provide any coverage.  Depending on the type of business, coverage may be added to your existing homeowner’s policy through a rider or endorsement. 
 
I Just Bought A Personal Watercraft, Is That Covered?
 
Unlike small boats, personal watercraft are not generally covered by your homeowners This would include; bodily injury to you that is caused by an uninsured watercraft operator. The legal costs if you're sued due to an accident.  And any damage to the personal watercraft you own.
 
Strive Insurance Group, Inc. (formerly Gordon Lund Insurance Agency, Inc) is an independent insurance agency representing many insurance companies.  This means that we quote with many different insurance companies to obtain the best rate and coverage for your insurance.  We do this at no additional fee or service charge to you.  Our insurance agency's reputation for representing the best insurance companies, providing excellent customer service and competitive pricing to our clients has been earned and proven for over 30 years.  We take great pride in finding you the best coverage and backing it up with prompt personal service.