Kemper Offers Coverage To Investment Advisers.

Kemper Insurance Cos. unveiled its Kemper Vestis, a product designed for investment advisers and mutual funds.

Kemper Vestis provides protection against shareholder lawsuits and other third-party liability claims. The policy includes investment adviser professional liability; mutual-fund management and professional liability; excess independent director liability; directors, officers and corporate liability; employment practices liability; and fiduciary liability.

For mutual-fund independent directors, Kemper Vestis offers excess coverage with a separate limit of liability designated exclusively for claims against the independent directors. It also provides Internet liability coverage automatically with the purchase of investment adviser professional liability, mutual-fund management and professional liability or service provider professional liability.