Testing of products during clinical trial phases is not typically covered on normal general or product liability policies. Clinical trial liability insurance is a specific, high-risk area that requires unique coverage to provide the maximum insurance protection. Manufacturers need to purchase additional liability insurance specifically designed to cover clinical trials.
The fact that not all insurance policies are created equal makes the process of securing these policies cumbersome and challenging. JAF has access to every one of the carriers offering this product. This kind of market penetration gives us the ability to obtain the broadest coverage at the lowest premiums. Our understanding of policy forms and endorsements gives us the aptitude to ferret out language that could lead to unexpected gaps in coverage or hidden additional premiums.
JAF will craft policies that could include:
- High Limits
- Low Self Insured Retentions
- Limited Exclusions
- Broad Definitions
- Global Coverage
- Simple Language