Trustees Liability

Vero Liability offers Trustees Liability insurance to cover individual trustees against liability for claims arising out of Wrongful Acts, and the cost of defending those claims.

About

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 trustees.

Who should consider this product?

Any person who serves as a trustee or is a secretary or officer of a trust.

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Our website provides general information about our products and services and is not intended to be financial advice. 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.

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