Clinical trials of new drugs involve significant hazards not only for people’s health but their life as well. To ensure maximum reliable and effective insurance protection without unnecessary expenses on your part Ingosstrakh specialists have developed a package insurance program for clinical and pre-clinical trials of pharmaceuticals.
Our advantages:
Special license issued by the RF Ministry of Finance for provision of this type of insurance.
Ingosstrakh’s financial soundness and stability are confirmed by the international rating agencies (Standard & Poor’s, Moody’s).
An extensive regional network allows providing services to clients from all RF constituent entities.
The company’s experience of clinical trial risks insurance since 1996.
Ingosstrakh’s readiness to resolve claims, participate in court proceedings and other unpleasant processes.
A flexible approach to determining the terms of insurance including the installment payment of insurance premiums (e.g. payment upon receipt of all the necessary permits from regulatory bodies, installment payment of the insurance premium based on the patient enlistment for clinical trials).
Insured persons can be:
Pharmaceutical company/sponsor,
Commercial research organization,
We also offer liability insurance of both persons under one agreement.
Objects of insurance:
Pharmaceutical company/sponsor liability with liability insurance of the commercial research organization.
Professional liability insurance of doctors involved in the clinical trials.
Insurable risks:
Possible cause (event) of unintended damage/harm to patients.
Insurance compensation includes:
Revenue lost by the affected party as a result of disablement or reduction in work capacity caused by an injury or any other damage to health for the whole period of incapacity;
Additional expenses associated with the affected party’s recuperation (for high feeding, medicine, sanatorium and resort treatment, etc.);
Moral damage compensation;
Legal costs, legal assistance costs, including lawyer’s fees;
Other costs.
Insurance terms:
Concluding an insurance agreement you may chose the limit of liability (the amount of insurance compensation paid by Ingosstrakh). If you cannot decide which limit of liability to choose our specialists are ready to give you recommendations.
The limit of liability can be fixed both in rubles, US dollars or any other currency. All the payments under the policy are effected at the RF Central Bank.
The insurance premium is calculated on the basis of detailed information on a trial which is provided in a special questionnaire application.
Our Contacts
If you have any questions or need additional information, please contact:
