- Emergency costs of up to 10% of the limit of liability without the insurer’s prior consent
- 6 year discovery period for retired trustees, if the policy is not renewed
- Bilateral discovery period offered as standard if the policy is not renewed
- Theft of plan assets and ERISA cover (optional)
- Accident and Health
- AIG Combined
- Aviation
- Crime
- Crisis Management
- Directors and Officers
- Energy
- Environmental
- Financial Institutions
- Fleet Protector
- Kidnap, Ransom and Extortion
- Liabilities
- Lifeline Plus
- Major Accounts Practice
- Marine
- Mergers and Acquisitions
- Political Risk
- Professional Liability
- Property
- Risk Finance
- Risk Management
- Small Business
- Surety
- Trade Credit
Businesses
Insurance
Financial Institutions
- Accident and Health
- AIG Combined
- Aviation
- Crime
- Crisis Management
- Directors and Officers
- Energy
- Environmental
- Financial Institutions
- Fleet Protector
- Kidnap, Ransom and Extortion
- Liabilities
- Lifeline Plus
- Major Accounts Practice
- Marine
- Mergers and Acquisitions
- Political Risk
- Professional Liability
- Property
- Risk Finance
- Risk Management
- Small Business
- Surety
- Trade Credit
- CorporateGuard Hedge Funds
- CorporateGuard Approved Persons Insurance (Financial Institutions)
- CorporateGuard Civil Liability (Financial Institutions)
- CorporateGuard Comprehensive Crime Insurance (Financial Institutions)
- CorporateGuard Directors and Officers Insurance for Financial Institutions (SEC and non-SEC)
- CorporateGuard Employment Practice Liability Insurance
- CorporateGuard Investment Management Insurance
- CorporateGuard Pension Trustee Liability (Financial Institutions)
- CorporateGuard Public Offering of Securities Insurance
- CorporateGuard VC Protector
- Credit Card Insurance (Financial Institutions)
The AIG Building
-
58 Fenchurch Street
London EC3M 4AB
United Kingdom -
Tel: +44 (0)20 7954 7000
Fax: +44 (0)20 7954 7001 - Email: marketing.uk@aig.com
- Go to AIG UK Limited
CorporateGuard Pension Trustee Liability (Financial Institutions)
Overview: Protection for the trustees, the employees, the employer company and the fund itself against claims brought for actual or alleged wrongful acts in relation to a plan.
Who is it for?: All financial institutions including Banks, Hedge Funds, Insurance Companies, Building Societies, Fund managers, Investment managers, Stockbrokers, Venture Capital firms and Finance Companies.
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Cover
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- Protection for the trustees, the employees, the employer company, its directors and the fund itself against claims brought against them for actual or alleged breach of duty in connection with the pension plan.
- Automatic cover for domestic partners, administrators and executors
- Blanket cover for all Pension and Employee Benefit Plans including automatic cover for qualifying new plans Specified Stock Ownership Plans
- In an emergency, limited defence costs can be incurred without our prior consent.
Extensions Available
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Additional Features:
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Additional value-added services, including advice from our expert legal panel on general pension-related matters or on specific claims