Life Science Questions & Answers

 

For over a decade, JLT Specialty have been one of the world’s leading liability brokers for larger life science companies, working with the majority of the major players in the sector from pharmaceutical, agricultural and chemical companies to research institutes. 

The team answer a series of frequently asked questions. Contact us if you would like to discuss any of these questions and answers in more detail.

 

WHAT HAPPENS IF...


Clinical Trials Liability insurance is required in all territories around the world, excluding the USA. It provides coverage for any bodily injury that occurs as a direct result of participation in a trial. In order to gain approval from local ethics committees and regulatory boards, the correct proof of insurance adhering to local legislative requirements must be included when submitting information for approval by an ethics committee.

Professional Liability for the physician is excluded in a clinical trials liability policy, in the event that they did not follow the guidelines set out in the trial protocol. The investigator would be expected to have their own medical malpractice policy to cover them against any professional negligence. It is important to note that if the physician has followed the protocol correctly, a claim would be accepted.

YOU MAY ALSO BE INTERESTED IN

video

Life Science Insurance

Find out more
video

Clinical Trials Insurance

Get a quote
video

What happens if...

Read more Q&A's