The Trustees Liability Insurance policy is designed to the specific exposures faced by the Trust, its Trustees and key employees. This policy can apply to:

• Liquidating Trusts
• Settlement Trusts
• Special Purpose Trusts

Coverage highlights include:

• Advancement of defense costs;
• Coverage extended to spouses and domestic partners when named as co-defendants with an Insured;
• Definition of Loss includes taxes due as a result of the Trust to fail to qualify as a trust for tax purposes.
• Automatic conversion of policy to run-off for periods of up to six (6) years once the trust has been wound-up or terminated.