This insurance helps ensure the safety of participants and reduces the financial risks for the sponsor, allowing them to focus on conducting the research

 

What is Kibali Africa, Clinical Trials Insurance and How Does it Work?

Clinical Trials Insurance

  1. If a participant sues due to injury or death related to the trial.
    Compensation in research is paid mainly for two objectives
    For participation in clinical trials and
    for trial-related injuries. Compensation has often raised ethical issues regarding its influence on integrity in clinical research. So, why is compensation paid in research? The literature suggests that compensation is paid for reasons like relieving participants of financial sacrifice, as
  2. Compensation for research subjects in clinical trials has been an old and established practice. There has been much documentation of investigators offering favors in the form of money to their research participants.
    compensation has been offered to research participants for various reasons like alluring them to participate, obliging them to stay till the completion, compensating them for their loss of daily wages, etc

Compensation in research is paid mainly for two objectives

  1. For participation in clinical trials and
  2. For trial-related injuries. Compensation has often raised ethical issues regarding its influence on integrity in clinical research. So, why is compensation paid in research? The literature suggests that compensation is paid for reasons like relieving participants of financial sacrifice, as

Research subjects in clinical trials are compensated by monetary and non-monetary means. Monetary benefits are provided for their time and effort for participating in the trial or money is offered as reimbursement for the expenses incurred by them, like travel, loss of daily wages, etc., Subjects are provided free medical management for the injury/harm encountered during their trial participation and, in case of serious trial-related injuries, the subjects are compensated financially in addition to free medical management of the injury.

It's important to note that some costs associated with clinical trials may not be covered by this insurance, and may be covered by the patient's health insurance or the trial sponsor.

Clinical trial insurance is a type of insurance that protects both researchers and participants in clinical trials. It covers costs associated with injuries or complications that may arise during the trial

Our clinical trial insurance is tailor made for the African market current we have clients in East Africa countries Namely Kenya, Uganda, Tanzania and Rwanda.