Cover or Service | Benefit to you |
---|---|
Extended Definition of investigation | Includes where and insured person is named in writing as being under investigation or as a witness by an official entity. |
Preservation of Side A Limit | Side A limit (both claims and investigations) is reinstated for unrelated losses up to the amount paid under any other section or extension. This distinctive coverage benefit ensures we keep the protection of the individuals at the heart of the policy. |
Pre-Investigation Costs Extension | Cover for the costs incurred by an insured person in connection with an internal enquiry conducted by the company to determine if a self-report to an official body requires an internal enquiry following a self-report. |
M&A Claims Extension | Claims made by an acquisition target alleging the company or insured person aided and abetted a breach of duty owed to the acquisition target's shareholders, or a violation of securities laws by the acquisition target regarding a possible acquisition. |
Subpoena Costs Insuring Clause | New feature of the Elite policy which is for insured persons only and not subject to any retentions. |
Employed Lawyer Extension, Insolvency Hearing Cover, E-Discovery Costs, Global Dutch Securities Settlement Advice, Class Certification Event Study Expenses, Regulatory Crisis Costs | Included as standard within the policy. |
Cyber Privacy and Confidentiality Extension | An additional limit of liability for covered losses as a direct result of data legislation breaches or unauthorised data disclosure. |
Mitigation Loss Extension | Indemnity for an insured person following action taken to prevent a potential loss under the policy. |
Environmental Violation Extension | An additional limit of liability for claims deriving from actual, alleged or threatened pollution escape, including greenhouse gases, or any regulator instruction for remediation. |
Securities Entity Cover | Included as standard within the policy wording. |
Reinstatement of limit post a recover | Reduce the impairment of the limit of liability for any recoveries. |