The Chubb Advantage

Features of the CHUBB/Private Trust Consortium Liability Coverage

  • No requirement that services are performed for a fee; trustees are not always compensated, and compensation
  • is not required for coverage
  • Trustee is the Named Insured
  • Definition of Professional Services addresses the exposures unique to trustees
  • Final adjudication and non-imputation of the conduct exclusions
  • Vicarious liability coverage for the selection of “outside professional services providers”
  • Coverage for trustees’ employees in their provision of services for the trust

The Chubb Advantage

Chubb has earned its leadership position in Professional Liability insurance as a result of:

  • Financial stability: Chubb receive consistently high ratings for financial strength from A.M. Best, Moody’s and
  • Standard & Poor’s, the leading independent analysts for the insurance industry.
  • Reputation for paying claims and superior service: Our reputation for expert, fair claims handling is renowned in the industry.
  • Broad coverage: Our Professional Liability insurance products, including Chubb Pro ERMSM, offer some of the broadest coverage available in the marketplace.