Pension/Welfare Benefit Fiduciary
XL Group offers fiduciaries personal asset protection for damages they are legally obligated to pay as a result of deliberate or unwitting wrongful acts and for the costs associated with defending allegations of wrongful acts.
Product Availability
(Coverage provided for worldwide exposure)
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Product details
Product details
Capacity
Up to USD 25 million
Client Profiles
– Public and large private companies, including Fortune 500s, middle market and micro-caps
– Financial institutions
– Private commercial companies with total assets greater than USD 100 million, revenues greater than USD 100 million and more than 1,000 employees
Typical Information Required
Completed application with requested attachments
Benefits & Services
Specialized underwriting and claims handling
Attachment Point
Primary and excess
Limits On Product
Up to USD 25 million
Downloads
Industries
Disclaimer
This general product description is informational only. It is neither an offer to sell nor a solicitation to purchase any particular insurance product. Products are subject to legal and underwriting requirements. Coverages may not be available in all jurisdictions, including without limitation any jurisdiction within the United States, and may be available only through appropriately licensed producers. In addition, XL GAPS’s provision of publications or services is not an indication of the existence or availability under any policy of coverage for any particular property or type of loss or damage. Policies underwritten from Bermuda are only available through non US-based brokers. The Insurance companies of XL Group plc are: Greenwich Insurance Company, Indian Harbor Insurance Company, XL Insurance America, Inc., XL Specialty Insurance Company, XL Select Insurance Company, XL Insurance Company of New York Inc., XL Insurance (Bermuda) Ltd, XL Insurance Company Limited, XL Insurance Switzerland Ltd, XL Insurance (China) Company Limited, XL Insurance Argentina SA Compañia de Seguros and XL Insurance Mexico SA de CV. Coverages placed with Lloyd’s Syndicate #1209 are managed by XL London Market Ltd and supported by XL corporate members at Lloyd’s. Additional important information regarding our business is provided on our Legal Notices page.