What is the WB Invest Client Funds Insurance?
The WB Invest Client Funds Insurance is a policy designed to provide an additional layer of security for the clients of WB Invest. The insurance covers clients for up to $1,000,000, offering protection against financial risks such as errors, omissions, negligence, and fraud.
Who is covered by the WB Invest Client Funds Insurance?
All clients of WB Invest are included under this insurance policy.
Which entity underwrites the WB Invest Client Funds Insurance policy?
The WB Invest Client Funds Insurance policy is underwritten by Lloyds of London, which is one of the world’s leading insurance and reinsurance providers. They are known for providing specialized insurance services to businesses and individuals across various sectors.
How do WB Invest clients benefit from this Insurance policy?
The policy provides WB Invest clients with an additional layer of financial security, of up to $1,000,000. This means that in the event of unforeseen financial risks, clients have a significant safety net.
Is there any cost involved for WB Invest clients?
No, there is no additional cost for WB Invest clients to participate in the Client Funds Insurance policy. The coverage provided by the policy, which insures clients’ funds up to $1,000,000, is offered for free to all WB Invest clients. This benefit is part of WB Invests’ commitment to client security and ensuring a trustworthy trading environment.