Limit of indemnity required
The last 2 annual reports and financial statements of the Trust
Copy of the Trust's deed
Details of the current policy retroactive date (if applicable)
Full claims/circumstances disclosure
Trustees Liability insurance responds to claims of alleged wrongful acts relating to the actions of trustees, trust secretaries and other officers of the trust in carrying out their duties. This insurance covers the cost of such actions to trustees and officers of the trust, to the extent that they are not already indemnified by the trust, as well as the expense of defending those claims. The policy also covers the trust itself for the cost of reimbursing its trustee.
Any person who serves as a trustee or is a secretary or officer of a trust.
Vero Liability products are available through insurance brokers and advisers. An insurance broker provides independent, professional and specialist advice to help make sure you have the right protection. If you don’t already have one, you can find a broker on the Insurance Brokers Association of New Zealand (IBANZ) website by clicking on the button below.