Trustees Liability Insurance

As a trustee, you can be held legally liable for the decisions you make and the services you provide. Trustees liability insurance covers you in the event of claims brought by employees, customers, suppliers, creditors, bankers and regulatory groups or shareholders.

We can tailor trustee liability insurance to include:

  • Audit costs – cover for money spent in responding to an audit of a return, record keeping audit or compliance obligation
  • Excess contribution tax legal cost reimbursement – cover for reimbursement of legal costs incurred in a successful objection to an excess contribution tax assessment notice on the basis that the Australian Taxation Office incorrectly applied the law
  • Civil fines and penalties – cover for a civil penalty or a civil fine awarded against a Trustee for breach of an act

Contact one of our advisors if you’d like to talk through the details, or click here to ask for more information online.

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