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CorporateGuard Civil Liability (Financial Institutions)

Professional services insurance on a civil liability basis for the financial institution, all its employees and others for whom it is vicariously liable.

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  • CorporateGuard Civil Liability is comprehensively defined. Wrongful acts comprise any act, error or omission arising out of the provision of services by an insured or anyone for whom they are liable
  • Protects the company and its subsidiaries including those created or acquired during the policy period
  • Includes anyone for whose acts the insured are responsible, including full, part time or temporary employees and approved persons of the company and its subsidiaries
  • Automatic cover for domestic partners, administrators and executors also provided
 

Extensions available
Bilateral discovery period offered if the policy is not replaced
Automatic cover for vicarious liability
Insured persons entitled to up to GBP 200 per day to attend court as a witness in connection with a claim Automatic cover for defamation claims
Automatic cover for civil liability arising from the destruction, damage, loss, erasure or mislaying of documents

All financial institutions including Banks, Building Societies, Insurance Companies, Hedge Funds, Fund Managers, Investment Managers, Stockbrokers, Venture Capital firms and Finance Companies.