Our insurance for clinical trials protects businesses, institutions and professionals like these:
Our trials policy covers your activities for these areas:
A business purchased Occupational Personal Accident coverage for its delivery drivers. When a driver was involved in a serious traffic accident, the policy provided a weekly benefit to the company so they could secure a temporary replacement driver during their absence.
Chubb’s state of the art, interactive clinical trial insurance and certificate management system, WORLDcert, has been designed to make securing coverage more user-friendly and efficient. WORLDcert provides details of clinical trial insurance requirements worldwide, and relays important insurance information, enables issuance of clinical trial insurance quotes and certificates… in most cases, instantly. WORLDcert, gives unprecedented control over the certificate and insurance management process.
Certificates issued within 24 hours for a select group of territories.
Legal Liability for injury to a research subject and No fault compensation for claims made during the policy period or within the standard extended reporting periods (additional periods can be added if requested). The policy can be annual or cover the whole trial duration, where permitted.
Clinical trials are conducted or sponsored by a wide range of organisations, including: pharmaceutical companies, either solely or jointly with other research institutions such as universities and hospitals; private research organisations under a grant from government or from public donations; publicly funded research organisations, such as universities and teaching hospitals. In short, the sponsor is the entity or person that initiates, organises and supports the clinical trial and takes responsibility for the overall conduct of the trial, including liability for injuries that may be suffered by patients.