Clinical Trial (No Fault) Insurance

Key Feature

Clinical Trial (No Fault) Insurance covers insured's
a) Liability to pay compensation for bodily injury to Research subject on No Fault Basis as per agreement between insured and Research subject
b) Cost and Expenses in respect of above claim of Research subject.
Policy can be issued either on trial period basis or annual basis as per reinsurance acceptance

Coverage
Clinical Trial (No Fault) Insurance covers insured's

Liability to pay compensation for bodily injury to Research subject on No Fault Basis as per agreement between insured and Research subject
Cost and Expenses in respect of above claim of Research subject
Insurance policy can be obtained for a specific clinical trial (Single trial policies) or several trials of the policyholder can be covered under a single policy (multi trial policies).

Exclusion
Clinical Trial (No Fault) Insurance does not cover any loss, damage or injury, cost or expense of whatsoever nature directly or indirectly caused by

War and allied peril
Any act of terrorism.
Nuclear/Ratio peril
Hepatitis
Human T-Cell Lymphotropic Virus Type iii (HTLV iii)
Lymphadenopathy Associated Virus (LAV)
Acquired Immune Deficiency Syndrome or any syndrome(AIDS) or condition of a similar kind
Transmissible Spongiform Encephalopathy (TSE), Creutzfeldt-Jakob Disease (CJD), variant Creutzfeldt-Jakob Disease (vCJD) or new variant
Creutzfeldt-Jakob Disease (nvCJD)
Liability arising from any Occurrence happening prior to the Retroactive Date
Asbestos, asbestos fibers, asbestos dust or any materials containing asbestos
Any act, error or omission outside of the terms or instructions of the Trial protocol.