Brief description of damages*
Whether any injury/damages *
If you would like to register a claim
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*Please note: If you have checked the box, you will receive calls from Magma even
if you are on the DNC list.
MHDI's Clinical Trial Liability Policy provides protection
against legal liabilities arising out of clinical trial. The policy
not only provides coverage against suits and damages awarded by
courts but also covers the defence costs incurred by them while
contesting such claims of liability damages.
You will be insured against all sums in excess of the deductible
that you are liable to pay as damages or compensation, claimants
costs and expenses in respect of any claim made by research
subjects for bodily injury caused by an occurrence happening after
the retroactive date within the policy territory and arising out of
your business as stated in the schedule provided that:
(i) Such a claim is first made in writing against you during any
period of insurance and is notified to the underwriters during or
within 30 days after expiry of the same period of
(ii) All bodily injury resulting or alleged to have resulted
from the same trial shall be considered as resulting from one
occurrence and having occurred during that period of insurance in
which the first claim is made irrespective of the number of
claimants or the period over which such bodily injury is likely to
result in a claim or claims being made against you at some future
(iii) You have offered and the research subject has agreed to
abide by the conditions of compensation and the research subject
has agreed and accepted the amount of compensation determined by an
independent lawyer. We will also pay the legal costs in addition to
the limits of indemnity.
This policy does not cover liability for:
Magma HDI General Insurance Co. Ltd. All Rights Reserved.
IRDAI Reg. No. 149 dated 22nd May, 2012. CIN: U66000WB2009PLC136327
Insurance is the subject matter of solicitation.
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are for representative purposes
only and are not indicative of anyone's personal thoughts or ideas
Magma and HDI names and logos are trade names/marks of Magma
Fincorp Ltd., and HDI Global SE
and are being used by Magma HDI General Insurance Co. Ltd., under
agreement with owners of such trade names/marks.
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