Clinical Trial Insurance
As a key part of corporate risk management services, clinical trial insurance provides protection for sponsors of drug and medical device testing. This policy covers legal liability to pay compensation for trial patient injuries, offering single-trial or multi-trial coverage tailored to your organization’s specific research protocols.
For precise rating, we evaluate the track record of the sponsoring company. Much like securing a commercial property insurance policy, managing clinical trial risks requires strict adherence to safety protocols. Sponsoring companies must maintain rigorous compliance with established trial guidelines and safety norms.
Fulfillment of informed consent rules must be ensured. Parties to the clinical trial must sign a clinical trial agreement for strict adherence to the protocol and take care of other concerns.
Coverage
