LIABILITY INSURANCE

We are proud to have placed the largest clinical trial policy in South Africa and have worked closely with research facilities as well as academic institutions in finding solutions to their respective needs. We believe we are the industry leaders in this field of insurance and specialised clinical trial knowledge.

In addition to the above, we can now include Accident & Health – cover for research subjects traveling to and from research sites

this cover specifically covers research subjects for bodily injury or property damage:

• caused by an occurrence in connection with the Insured’s business; and resulting from a clinical trial conducted by or on behalf of the Insured. during the Period of Insurance or within 30 days of its termination

• compensation agreed under the applicable Clinical Trial Compensation Guidelines; or

Legal Liability Cover

• damages and related claimants’ costs that the Insured becomes legally liable to pay, if and to the extent that settlement is not concluded under the Agreed Compensation Cover (above).

Furthermore, notwithstanding anything to the contrary above, these covers apply only to clinical trials if:

• the product being investigated is a life science product

The benefits of medical malpractice insurance are:

• Assist healthcare professionals defend themselves against allegations of malpractice
• Provide peace of mind for healthcare professionals facing the risk of being sued for negligence
• It can cover a range of health care services, such as diagnosis, treatment, surgery, prescription, consultations