Whatever your study design looks like, whether it is a national or international study with medicines / drugs, medical devices or an observational study: Clinical Trial Insurance is a must.
What do you need to consider?
Information for Germany
Product liability for damage caused by medicines / drugs is regulated in the Medicinal Products Act (AMG) (The Drug Law) and makes it mandatory to take out product liability insurance.
Information for Germany
In contrast to pharmaceutical companies, the majority of this industry is subject to the regulations of the product liability laws as they exist country-specifically according to the EU directives.
The term D&O stands for Directors & Officers Liability. This line is one of the most sensitive offered by the insurance industry. Here, breaches of duty by the legal representatives of companies are covered. This group primarily includes persons who are assigned with the management of a company or who hold a seat on the supervisory board.