When developing new drugs, medical devices, cosmetics or nutraceuticals one needs to run clinical trials to ensure human safety and efficiency of the product. Trials involving human patients are crucial to the advancement of clinical science but they involve risk as well. These trials need to be insured in order to protect the participants. Biotech, pharmaceuticals and medical device companies can take this insurance. This coverage provides protection from bodily injury and property damage which is a result of such trials.


  • Cover can be extended to full medical expenses.
  • Cover for research (death/injury).
  • Third party liability.
  • Property damage
  • Lack of care, negligence, resulting bodily injury or death of person.
  • Legal cost and defence costs.

What It Does Not Cover?

  • Failure of product.
  • Failure to cure.
  • Prior discovery of loss.
  • Asbestos.
  • Terrorism.
  • Product recall.