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Pension Trustee Liability
Our pension trustee insurance means you can perform your role with powerful protection against many liabilities. Trustees of pensions face a range of potential liabilities due to an increasingly litigious society and government regulation. But Chubb’s pension trustee liability gives trustees and sponsoring employers protection against a wide range of claims, from breaches of trust and duty to maladministration and negligence.
Risk Scenario
Who it’s for:
Chubb pension trustee insurance is suitable for any company providing a pension. It protects the assets of:
- Individual trustees
- The pension fund
- A sponsoring employer
- Employees
What it covers:
Chubb’s broad coverage protects your business and trustees for a variety of costs and claims.
The cover will pay for:
- Costs of legal representation
- Damages
- Judgements
- Other expenses and defence costs
You’re protected against these allegations:
- Breach of trust
- Breach of duty
- Breach of statutory provision
- Maladministration
- Negligence
- Administration errors
- Wrongful omissions
- Misstatements or misleading statements