Summary
This document is a guide that outlines the Clinical Trials Insurance offered by Chubb, designed to provide comprehensive coverage for liabilities associated with clinical trials. It details the various types of coverage available, including no-fault compensation and legal liability, applicable to both single trials and large multinational programs. The insurance addresses risks arising from clinical trials conducted locally and internationally, covering a wide range of participant, disease, and product types. The guide specifies the businesses and institutions eligible for coverage, such as biotechnology firms, pharmaceutical manufacturers, and hospitals. It also highlights additional coverage options for events involving injured research subjects, including product recall expenses and legal costs. Furthermore, the document describes the benefits of Chubb's interactive insurance system, which facilitates instant issuance of quotes and certificates, and outlines the policy's coverage for clinical trial liabilities across all phases. The document emphasizes Chubb's expertise and claims service in the life sciences sector.
