Each year Health Canada approves roughly 900 clinical trials and it’s estimated that there around 3,300 clinical trials happening across Canada at any one time. Those clinical trial range from new cancer treatments to pharmaceutical testing of drugs in development. Canada is a popular jurisdiction for clinical trials for numerous reasons including:
- Well established medical infrastructure
- Leading research facilities and researchers actively working in the sector
- Government tax credits and R&D incentive programs
- Diverse and large population
- Mature regulatory environment
- Efficient application process
Canada has a streamlined process for clinical trials that is managed by Health Canada and there are numerous steps in the process. Managing risk and liability from clinical trials is part of the process and where can I get insurance for clinical trials in Canada is a commonly asked question. Thankfully ALIGNED Insurance is here to help and our team of expert insurance brokers will help you get insurance for clinical trials quickly and cost effectively from some of the 65+ top Canadian insurance companies we work with.
Types of Clinical Trials ALIGNED Insurance Can Secure Coverage For
Each clinical trial is different, but ALIGNED can help get insurance for all sorts of clinical trials including, but not limited to:
- Solid Tumors
- Blood cancers
- Infectious Disease
- Novel Therapies
- Medica Devices
- Long term care
What Information Is Needed To Get Insurance For Clinical Trials In Canada?
When securing insurance for a clinical trial in Canada certain information needs to be presented to insurers including:
- Clinical trial protocol document
- Informed consent documents
- Experience of each organization involved
- Relationship between the various organizations involved (if applicable)
The above are the foundations of underwriting clinical trial insurance, but to discuss securing insurance for a specific clinical trial connect with an ALIGNED Insurance broker today by calling 1-866-287-0448 or requesting a quote here.
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