Settlor coverage
Term · Insurance and risk management · MLC-T-INS-003069
Insurance protection for individuals who establish and fund trusts, known as settlors, against liabilities arising from their role in creating or managing the trust. This coverage addresses potential claims related to breaches of fiduciary duty or errors in the trust's formation or administration. It is often included within broader fiduciary liability policies.
| Identifier | MLC-T-INS-003069 |
|---|---|
| Field | Insurance and risk management |
| Subject | Management Liability |
Record as JSON
{
"id": "MLC-T-INS-003069",
"term": "Settlor coverage",
"field": "Insurance and risk management",
"definition": "Insurance protection for individuals who establish and fund trusts, known as settlors, against liabilities arising from their role in creating or managing the trust. This coverage addresses potential claims related to breaches of fiduciary duty or errors in the trust's formation or administration. It is often included within broader fiduciary liability policies.",
"subject": "Management Liability",
"url": "https://mlchart.com/terminology/insurance/settlor-coverage/"
}
Record 3,155 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.