Insurance And Indemnity In Clinical Trials. However, if the company's current insurance provider offers clinical trials insurance, it is worth analyzing and considering the specifics of its policy, depending on how. This review details current indemnity and insurance arrangements concerning clinical trials across the public and private sectors.
(8) legal costs shall mean reasonable legal costs and expenses necessarily incurred by or on behalf of the insured only with the prior written consent of the company in relation to any serious adverse event which may be the subject of indemnity under this policy. Insurance is a policy taken out to cover the individual’s or institution’s own risks or liabilities, the insured pays a premium to transfer a financial risk to another party. That might be made against it arising from the trial.