Capital Shield policy protects any one who uses an Investment advisor for managing investments. It's highly recommended for investors with invested assets between $1M - $10 Million. Capital Shield provides reimbursements of full amount covered. Please refer to the policy terms or contact Capital Shield agent for further details.
In case of embezzlement, a Capital Shield® policy owner would file a claim and Capital Shield will handle the process of recovery and indictment. In absence of insurance policy, you may consult your lawyer to recover your lost assets. The investor typically would have to follow legal course of action against the investment advisor or the [...]
Most of the umbrella policies and homeowner policies exclude loss due to most or all criminal acts. Capital Shield is the first and only insurance policy of its kind which covers fraudulent acts of an investment advisor.
Capital Shield® protects from embezzlement in all type of investment accounts. The policy can be written in the name of a Trust.
In the event of a covered loss, the Capital Shield policy will pay at the time the proof of loss is accepted and the perpetrator is indicted. In absence of Capital Shield policy, the investor will have to go through the trial and recovery process and reclaim lost assets only if the funds are still [...]
Capital Shield® policy is available for amounts starting at $1 million and then in increments of $1,000,000 may be purchased up to a maximum of $10,000,000. For investments above $10 Million, please contact one of our agents to discuss a custom policy option.
Capital Shield® policy premium is $1500 for each $1,000,000 covered. At the cost of 0.15% per year, you get the peace of mind that no other policy can provide.
Most financial advisors have professional liability policies, which exclude criminal acts by the advisor. SPIC coverage provides a limit of up to $500,000 for securities, including $250,000 for cash held in a brokerage account, but only when the asset management firm goes bankrupt and customers assets are missing. Larger investments firm may have some form [...]
The policy covers your invested assets when your asset manager embezzles your funds. Your asset manager, financial manager or hedge fund manger must be listed as a "Named Person" on the policy. It does not cover for any market fluctuations, potential futures gains or any fictitious amounts listed on account statements.
The application process is very simple and easy. In addition to your name and address, we require the names of each advisor you request to be listed on the policy, with their respective firms name and address. And finally the limit of cover you select.