What is PTL insurance?
Pensions Trustees Liability insurance is a simple and cost effective means of transferring the risk for trustees, offering peace of mind to Sponsoring Employers, Corporate Trustees, Pension Scheme and Individuals.
A policy could provide advanced funds to cover defence costs in addition to providing cover for settlement of an action.
Depending on specific coverage afforded, a Pensions Trustees Liability policy can provide the means of protecting the assets of individual trustees, sponsoring employers, pension schemes and their employers.