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Posted: Tue Jul 20, 2010 5:27 am Post subject: Hedge fund insurance |
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Funds in the form of private investments and hedge funds always bear the risk of getting affected by our global downturns. I'd often wonder, if we have the means to get our funds covered against such risks. _________________ Register Now to have your Insurance queries solved. |
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BellReuben
Guest
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Posted: Wed Jul 21, 2010 2:07 pm Post subject: |
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| Different claims may arise out of the fund operation and management. There are certain policies that cover you against these claims. |
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steven
Senior member
Joined: 02 Feb 2006
Posts: 1553
215.66 Dollars($)
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Posted: Thu Jul 22, 2010 1:42 pm Post subject: |
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| Actually such claims will arise out of creditors, regulatory service agencies, competitors, limited partners etc. Such claims could also be brought by investment companies for such funds. |
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roddick
Senior member
Joined: 05 Oct 2005
Posts: 962
143.16 Dollars($)
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Posted: Fri Jul 23, 2010 11:47 am Post subject: |
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I guess the Standard CGL (commercial general liability) limits are worth $1,000,000 per occurence to be paid by most policies. Such limits are supplemented by hedge funds through the purchase of Umbrella Liability policy. Umbrella liability policies will extend the limits of the base policy. _________________ AmPmInsure Blog |
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sil
Community Writer
Joined: 30 Sep 2005
Posts: 483
89.47 Dollars($)
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