My Partnership Protection Cover

Management Liability Cover For Your Partnerships

WHAT IT COVERS

Key features of Imalia's My Partnership Protection Plan

Cover is provided for partners acting in the capacity of director or executive officer of the firm or any service or administration company or trust related to the firm. 


Cover is provided for the partners in relation to Employment Practices Liability. 


The firm retains the right and duty to defend and contest any claim.

 Cover is provided for the costs of legal representation at an official investigation or inquiry. 

 A major shareholder exclusion only applies to claims arising from any Outside Directorships. 


 No insured versus insured exclusion or consensual claim exclusion applicable. 

 Cover is provided for Trustees’ Liability in relation to the firm’s sponsored employee benefit funds. 

 Cover is provided for legal costs incurred by an insured individual in defending claims brought by or on behalf of the firm.

Cover can be provided (subject to Underwriters consent) for Outside Directorships held with the specific approval of the firm. 

 A dishonesty exclusion only applies if the dishonest act, omission or profit is established by admission or by a court, tribunal or any other final, non-appealable adjudication. 


Defence costs will be advanced regardless of whether or not indemnity has been confirmed.

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