China

China

China

China

Clinical Trial Application

China Clinical Trial Quote Request

Mandated Coverage

Yes

Standard Limits

Unknown

Tail Coverage

3 months

Data Required to Quote

THE PROCESS TO ISSUE DOCUMENTS IS SLOW. China is a cash for cover country, meaning payment must be made PRIOR to the release of documentation. Please allow 2-3 weeks for documentation to be issued

• Clinical Trial Quote Request Form
• Protocol and Informed Consent in English
• Protocol Title in Chinese
• Legal Representative or Local CRO contact information (Contact Person Name, Address, Telephone Number and E-Mail Address). The Legal Representative is named on the Policy. The Sponsor is the Additional Insured
• Provide the Business License of Sponsor
• Provide the Business License pf Chinese CRO
• Provide the ID Copy of representative of Chinese CRO
• Premium payments are paid directly by the Sponsor to the carrier. No refund for policy cancellation
• Only Policies are typically issued in China. If the EC requests a Certificate to be issued, the Insurer will provide

Colombia

Colombia

Clinical Trial Application

Colombia Clinical Trial Quote Request

Mandated Coverage

Yes

Standard Limits

n/a

Tail Coverage

n/a

Data Required to Quote

• Clinical Trial Quote Request
• Protocol and Informed Consent Form in English
• Protocol Title in Spanish
• Local Legal Representative details (Contact Person Name, Telephone Number and E-mail Address)
• Site List required in Spanish if a generic statement that all sites are covered by the policy is insufficient for the EC


- Note that Colombian tax is 16%. There is currently no mechanism set up in Colombia for payment of taxes on non-admitted business
- The carrier would evidence the tax on the policy, however they would not collect this so the Sponsor needs to be aware that this may become payable in the future