Liability insurance for Pension Funds

Use pension trustee liability insurance to protect yourself against these risks, among others:

• Complaints from beneficiaries and supervisory authorities
• Below-average investment results
• Growing accounting requirements
• Restructuring efforts
• Monitoring transactions and their costs
• Delegating tasks

• Insurance for foundation or supervisory board members, members of the board of directors and other decision-makers for pension plans and their sponsors
• Protection for claims involving the administration, management or control of pension plans
• Basic coverage such as professional indemnity, directors’ & officers’ liability and breach of fidelity (optional)

• Covers immediate costs in emergencies and the costs of investigations, penal prosecution, extradition proceedings or the costs involved in obtaining bail
• Pays fines and penalties incurred as a result of civil or administrative proceedings
• Zurich covers the costs of psychological counseling in crisis management and the expense of maintaining the usual standard of living in the event of penal prosecution
• Pays additional legal defense costs if the sum insured has been used up
• Financial security for computer crime and forgery
• Pays the costs of business interruption, extortion and damage to property in custody