FINSA OLD - GEA

FINSA

The exclusive professional liability insurance for financial service providers

Client advisors of non-FINMA supervised Swiss or foreign financial service providers having clients in Switzerland must generally register with the Swiss client advisor registry under the Swiss Financial Services Act. One of the key requirements for entry is the conclusion of a professional liability insurance with sufficient coverage.

 

We have created a very attractive insurance product that meets all the legal requirements and your needs – and all of that at very attractive terms!

 

This insurance product can exclusively be purchased through GEA

The obligation of liability insurance for customer advisors

Download the legal regulation

Coverage:

  • Attractive premia, exclusively for selected financial service providers
  • Low deductible
  • Coverage of personal damage, property damage, and financial loss
  • Protection against financial damage arising from liablity claims
  • Defection of unjustified claims
  • Business liability insurance included
  • Comprehensive coverage including multiple additional services
  • Uncomplicated claims settlement on site
    No.Client advisors Insurance coverage Deductible Annual premium incl. 5% stamp tax Application- form
    1 VS CHF     500’000  CHF   5’000    CHF.         940 Application PDF
    2 – 4         VS CHF   1’500’000   CHF   5’000   CHF.     2’500 Application PDF
    5 – 8 VS CHF   3’000’000  CHF   5’000   CHF.     5’600 Application PDF
    9 – 12 VS CHF 10’000’000  CHF 20’000   CHF.   14’000 Application PDF

     

     

    Included additionl coverages according to the general insurance terms: Sublimits:
    Protection against criminal law

    50% Insurance coverage, max.

    CHF  500‘000

    Liability for dishonest employees CHF    50’000
    Legal protection insurance in case of investigations CHF  250’000
    Loss of foreign documents CHF  250’000
    Reputational costs CHF  250’000
    Director and officer insurance with third parties (lump sum) *                                                                                                                                                     *Coverage in case of insurance brokers not included.

    50% of insurance coverage, max.

    CHF 1‘000‘000

     

    (only covered if no seperate D&O insurance)

    Breach of personal and intellectual property rights CHF  250’000
    Emergency costs CHF    50’000
    Compensation as witness (no deductible)

    CHF 750 per day on which a natural person is interrogated at court

     

    Legal protection in supervisory or administrative procedures

    50% of insurance coverage max.

    CHF  500‘000

    Co- insurance of personal and property damage

    CHF 3‘000‘000

     

    (with deductible- of CHF 300 for property damage)

    Cyber CHF  250’000

    Execution

     

     

    GEA - GLOBAL EXPERT ADVICE

    Gerne helfe ich Ihnen weiter!

    Unsere Leidenschaft ist es, die optimale Absicherungsstrategie für Ihr Leben zu entwickeln – damit Sie sich entspannt und sorglos Ihren persönlichen Leidenschaften widmen können.

    Sie wollen Ihr Leben geniessen? Dann lassen Sie uns das tun, was wir am liebsten machen. Wir übernehmen gerne alle Abklärungen für Sie und beraten Sie mit einer individuellen, für ihren Lebensabschnitt optimierten Lösung. 

    James Mock

    +41 71 755 80 77

    James Mock

    Global Expert Advice

    Unsere Leidenschaft ist es, die optimale Absicherungsstrategie für Ihr Leben zu entwickeln – damit Sie sich entspannt und sorglos Ihren persönlichen Leidenschaften widmen können.

    James Mock, Inhaber Global Expert Advice

    Übersicht behalten mit dem Niles Dienst