20 August 2024 • Sizakele Themba
iTOO Scoops Underwriting Manager Of The Year at the FIA Intermediary Experience Awards!!!
iTOO Special Risks has won the Managing Agency of the Year award at this year’s Financial Intermediary Association (FIA...
Why get your trustee liability insurance covered by iTOO?
At iTOO, our specialists understand the intricacies around trustee liability and are equipped to handle these challenges. They’re experts in their respective fields and are always up to date with current industry regulations, requirements, rulings and adjustments.
At iTOO you can always be assured of exceptional professionalism, quick turnaround times and world-class technical knowledge. We’ll keep you in the loop every step of the way.
Our comprehensive offer
What's included?
Our trustee liability policy structure includes:
R10M fine or imprisonment for a trustee who commits an offence
Clever insurance for clever people
Professional service and expertise from a name you can trust.
How to get cover
To provide you with expert service, we need your Financial Statements for review along with a completed proposal form.
Forms and documents
General Trustees
Please complete this proposal form for combined Crime and Civil Liability indemnity for Trustees of a General Trusts.
Medical Scheme Trustees Liability Proposal Form
Please complete this proposal form for Trustees Liability for Medical Scheme Trustees covering direct financial loss and civil liability.
Retirement Fund Proposal Form
Please complete this proposal form for combined Crime and Civil Liability indemnity for Trustees of a Pension and Provident Funds.
How to claim
You’re in the hands of an expert. You can always be assured of professionalism, quick turnaround times and world-class technical knowledge. We’ll keep you in the loop every step of the way. Simply send us an email detailing your claim and our claims department will contact you for specific details.
Frequently asked questions
What limit of indemnity should the fund purchase?
As each fund and its requirements vary substantially, it’s important to refer to your broker to provide you with the best advice.
Does the policy cover third party fund administrators?
No we don’t, we specifically tailor our cover to cover trustees.
What deductibles (policy excess) are applicable to the policy?
Our Legal Liability section has no deductibles, but the Dishonesty and Third Party Computer Crime section will carry a deductible.
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