A system is used to reduce the bending moments in Coil Tubing (“CT”). The system includes a segmented and closable cage that can close around the CT. The cage includes rollers, such as elastomeric rollers, that can allow for both vertical translations of the CT and rotations of the CT around the vertical axis. The cage rests on a seat, such as an elastomeric seat, provided inside a cylindrical housing. In order to monitor the bending moments in the CT, the pins that hold in the rollers are preferably load pins. This bend limiting system can be located below the CT injector, at the vessel deck level, or in the moonpool. The bend limiting system can be used in offshore or land operations.