Fiduciary Liability and Risk Management For Trustees


THE INDUSTRY LEADER

First....to bring you OCCURRENCE FORM TRUSTEE FIDUCIARY LIABILITY. In October of 1996 at the IFEBP Conference in San Diego, through a joint effort of Five Star Managers and Connecticut Specialty Insurance Company, we introduced FIDUCIARY LIABILITY OCCURRENCE FORM, offering Trustees peace of mind and security with guaranteed coverage not available in the past.

First....to bring you coverage for IRS CAP PENALTY SANCTIONS. In March of 1997, we offered the IRS CAP PENALTY endorsement through the Legion Insurance Company. Also, limited EMPLOYMENT PRACTICES LIABILITY is offered as an additional option.

First....to bring you the SHORT FORM APPLICATION for an indication of premium. As we appreciate the hurried schedule of today's Trustees and Administrators, we have developed a simple questionnaire which should only take FIVE MINUTES TO COMPLETE. From this simple form we will provide you with a thorough search of the markets available for your coverages.

First....to bring you THREE YEAR GUARANTEED COVERAGE at premiums which are discounted 25 to 75 PERCENT. This was introduced at the IFEBP Conference in Vancouver. The policies will have separate annual aggregates and offer both the IRS CAP PENALTY endorsement and EMPLOYMENT PRACTICES LIABILITY. As the insurance market has been in a "soft" cycle, we feel recent trends in claims activity, interest rates and the stock market will soon "firm up" insurance pricing. Take advantage of this program now and give yourself and the Fund the guarantee of competitive pricing and broad coverages into the next century!!

First....to offer CONTRIBUTION GUARANTEE COVERAGE, providing Trustees and their Funds with an insured and problem free collection process. This was introduced at the 1998 IFEBP Conference in Las Vegas.

Washington Street Insurance Group.............

The leader in Fiduciary Liability and Risk Management for Trustees

Now Available....UNION LEADER LIABILITY COVERAGE, offering Union officials, agents and employees the added protection they need and deserve.

Washington Street Insurance Group
12318 S. Cicero Avenue
Alsip IL 60803-2999
Toll Free 888-FID-PROS
708-385-9500
fax 708-385-9510