The benefits of the Pension Trust Liability Insurance are:
- simple administration (3-page questionnaire)
- highly competitive premium conditions
- quick quotation and policy issuance (each within one week)
- limit of liability up to CHF 40 million
Cover Enhancements:
- coverage for crisis management costs (including precautionary legal costs and costs for the recovery of the reputation)
- automatic coverage for new pension trusts
- coverage for investigation costs and emergency costs
- automatic discovery period up to 30 days (may be extended depending on the payment of an additional premium)
- coverage for the spouse or domestic partner, administrator, heirs, legal representative or executor
- automatic discovery period of 10 years for retired directors and officers