Pioneering Medical Breakthroughs? Make Sure Your Trials Are Protected.
The race to develop life-saving drugs and medical treatments requires extensive research—but human subject trials carry legal and financial risks. Any adverse event can lead to liability claims, legal battles, and reputational damage. Clinical Trials Insurance ensures research organizations, sponsors, and medical professionals are protected against claims related to injury, disability, or loss of life during trials.
When Lives Are Involved, Liability Is Inevitable.
Even with strict protocols, clinical trials expose research subjects, investigators, and institutions to potential lawsuits. Without Medical Research Liability Coverage, companies conducting trials risk significant financial and reputational damage in the event of adverse effects.
How Clinical Trials Insurance Protects You:
Research Subject Cover
Covers Liability or compensation arising from bodily injury or death of a research subject of the trial. The trial should follow the approved protocol and have informed subject consent. It is often difficult to ascertain the cause and insurance is mostly a no fault liability cover.
Broad Insured Cover
It covers directors or partners, employee or past employee acting for the institution including medical Persons who are employees. It also covers investigators, sponsors, sub-contractor, doctor, nurse, hospital or contract research organization and members of Ethics Committee.
Extended Cover
Apart from liability and legal expenses the insurance can be extended to cover the medical expenses for treating the subject. The cover needs a comprehensive geographical cover and research subject defined to include their dependent, heirs, administrator and legal representatives.
