For a formal quotation please complete the Application Form and email to our Account Manager: stephanie.whelan@opdu.com
What is Individual Pension Trustee Liability Insurance?
Our exclusive Individual Pension Trustee Liability insurance is designed to protect Pension Trustees that are either left exposed by their affiliated pension schemes current insurance protections, and/or those who seek extra stand-alone insurance that cannot be utilised by any other Trustee.
Why do you need Individual Pension Trustee Liability Insurance?
Some scheme wide Trustee indemnity policies exclude cover for certain Trustees, such as Professional Pension Trustees, and there are even still Pension Schemes out there that purchase no Trustee Indemnity insurance whatsoever. We designed our Individual Policy back in 2019 after being contacted by several concerned Trustees who were left exposed and wanted the comfort of additional protection available only to them.
Who does the Individual Pension Trustee Liability Policy cover?
- The named Individual Trustee and/or their Trustee Company entity
- Lawful spouses, partners, estates, and heirs
- Any natural person acting on behalf of the Trustee Company entity
What does the Individual Pension Trustee Liability Policy cover?
- Investigation Costs
- Errors and Omission
- Civil Fines and Penalties
- Ombudsman Complaints
- Defence Costs to provide legal support to respond to a claim
- Exonerated Losses
Brochures
Talk to us
It will cost you nothing to talk to us so please feel free to make contact, we’ll be happy to help.