Frequently Asked Questions


Anyone with invested assets over $1,000,000 looking for “peace of mind” knowing their finances are protected for themselves and their family for years to come.
Hire a lawyer? Sue the asset manager and the firm they work for? These are commitments the investor would have to deal with, and the process could be lengthy and expensive. This risk is currently assumed (likely unknowingly) by the individual investor. What if you could transfer part or all of this risk through an insurance product? How much would that peace of mind be worth to you and your family?
According to the Federal Reserve, Bureau of Labor Statistics and Census Bureau, the share of retirees who are millionaires doubled over the last three decades, now accounting for 1 in 6 retirees. Most are past their peak earning years and rely on their investments to live their lifestyle in retirement.
No you don’t. All criminal acts are excluded from most standard insurance policies. For many years this has been a large gap in completing an individual’s comprehensive insurance program. Capital Shield is the first and only insurance product of its kind covering embezzlement by an investment advisor / asset manager.
It will not. The policy can be written in the name of a Trust.
In the event of a covered loss, the policy will pay at the time the proof of loss is accepted and the perpetrator is indicted. This is in contrast to not having coverage and the need for an individual taking on the burdensome, expensive and prolonged tasks of trying to recover funds on their own.
Minimum limit of insurance is $1,000,000 and additional increments of $1,000,000 may be purchased up to a maximum of $10,000,000.
Premium for Capital Shield is in the range of $1,500 premium for each $1,000,000 limit increment.
Most financial advisors have professional liability policies, which exclude criminal acts by the advisor. SIPC 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 investment firms may have some form of crime insurance, but it’s likely one could incur a very long delay in payment at a reduced settlement amount with unknown legal expenses.
The policy covers your invested assets when your investment advisor / asset manager embezzles your funds. It does not cover for any market fluctuations, potential futures gains or any fictitious amounts listed on account statements.

Capital Shield is underwritten by Berkley FinSecure, a Berkley Company. Berkley member insurance companies are rated A+ (Superior), Financial Size Category XV by A.M. Best Company and A+ (Strong) by Standard & Poor’s. Founded in 1967, W. R. Berkley Corporation is one of the nation’s premier commercial lines property casualty insurance providers.

Capital Shield is underwritten by Berkley FinSecure, a Berkley Company. Products and services are provided by one or more insurance company subsidiaries of W. R. Berkley Corporation. Not all products and services are available in every jurisdiction, and the precise coverage afforded by any insurer is subject to the actual terms and conditions of the policies as issued. Certain coverages may be provided through surplus lines insurance company subsidiaries of W. R. Berkley Corporation through licensed surplus lines brokers. Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds. For additional information concerning W. R. Berkley Corporation’s insurance company subsidiaries, click here.