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Fiduciary Liability Insurance (Pension Trust Liability Insurance)

Fiduciary Liability Insurance (Pension Trust Liability Insurance 3/01) provides broad coverage for companies of all sizes, numerous types of plans and the many individuals at risk of fiduciary claims. Coverage responds to the wide-ranging claims fiduciaries can face while supporting insured’s efforts to prevent claims.

Features and Benefits Back To Top
  • Broadly defines plan to encompass everything from welfare plans to cafeteria plans to Voluntary Employees’ Benefits Association Plans (VEBAS)
  • Extends to various individuals and entities that could be named in a fiduciary liability lawsuit including directors, officers, plans, plan sponsors, and employees
  • Encompasses most newly created plans and plans of newly acquired subsidiaries
  • Addresses myriad ERISA-related claims including those alleging lack of plan oversight, imprudent investments, failure to monitor plan investments and more
  • Covers certain fees and penalties imposed by the IRS or Department of Labor under voluntary compliance programs
  • Extends to delinquent 5500 filer and other penalties as well as certain investigative costs
  • Gives insured right to assume the Duty to Defend
  • Safeguards assets, plans and plan sponsors
 
Marketing Materials Back To Top

Fiduciary Liability Insurance Coverage Insights (.pdf)
Brochure highlighting the issues shaping fiduciary liability and how AIG Fiduciary Liability insurance provides the protection that businesses and their officers need.

Fiduciary Liability Insurance Highlight Sheet (.pdf) 
An overview of the AIG Fiduciary Liability insurance coverage.

Fiduciary Liability Insurance for Financial Institutions (.pdf)

Claims Back To Top

The AIG companies have assembled a seasoned team of claims professionals who are experienced in managing some of the highest-profile D&O, E&O, employment practices, fiduciary, crime and technology cases in the industry, for entities of all sizes and across most industries-from Fortune 500® companies to not-for-profit organizations; multinational corporations to privately-held enterprises.
 
Our centralized in-house operation, positioned adjacent to our underwriting colleagues, allows us to facilitate prompt case resolution and the best possible claim outcomes. We offer access to some of the nation's leading law firms specializing in the defense of securities, employment practices, fiduciary and technology claims. And in the toughest environment, policyholders can count on our aggressive litigation strategies to defeat even the most formidable plaintiff's attorneys.

To report a claim please contact us:
Tel: 888-602-5246
Fax: 866-227-1750
e-Mail: c-claim@aig.com
Mail: AIG Domestic Claims, Inc.
c-Claim for Financial Lines
175 Water Street, 9 Fl.
New York, NY 10038

To follow up on an existing claim:
Tel: 888-602-5246

Download a claim form for submission.

To request loss runs, contact AIG Broker Services at 877-867-3783, or e-mail toserve@aig.com

Search our Claims Archive

Applications and Forms Back To Top

Fiduciary Liability Insurance New Business Application Form (.doc)
Application form for AIG Fiduciary Liability insurance for new business.

Fiduciary Liability Insurance Renewal Application Form (.doc)
Renewal application form for AIG Fiduciary Liability insurance.

Fiduciary Liability Insurance Specimen Declarations Page (.doc)
A specimen of the AIG Fiduciary Liability insurance policy

Fiduciary Liability Insurance Specimen Policy (.doc)
A sample declaration page of the AIG Fiduciary Liability insurance product.

9/99 Amendatory Endorsement (Coverage for Trustees of multiemployer plans for organized labor) (.pdf)