Clinical Trials Insurance
As Clinical Trials are becoming increasingly popular in the UK the risk of something wrong is also rising at the same rate. Professional Insurance Agents are committed to offering competitive and comprehensive cover to meet all of our clients needs. We understand that clinical trials involving human patients are crucial to the advancement of science, but this doesn’t come without risk. We have top UK insurers that are willing to cover you if you participate in a trial.
Properly structured clinical trials are usually completed without any complications or errors. Some trials can last for years and are necessary if products are to be used safely to treat alleviate conditions or illnesses. Pharmaceutical manufacturers and companies that conduct clinical trials must obtain insurance to cover themselves against the risk of a study not going to plan as there is a high risk that a large compensation payout will be awarded. The physician or company carrying out the trial is exposed to medical malpractice risk. This is because it is possible that something could go wrong whilst the drug is being administered.
If you wish to obtain quotes please complete our Clinical Trials proposal forms and return it to us by email, post or fax and we will provide you with quotes from the London Insurance Market for your Medical Malpractice Insurance exposures.