Fiduciary Liability Insurance

Overview

Fiduciary Liability protects against the errors and omissions of trustees, employers, fiduciaries in the administration of employee benefit programs as imposed by the Employee Retirement Income Security Act (ERISA).  The insured’s duty to act in the interest of plan participants creates a potential liability creating the need for Fiduciary Liability coverage.

Product Limits

$500,000 - $15,000,000

Stand-alone or Shared Limit options

Carriers

AM Best "A" rated carriers

Admitted

Territories

Available in all states

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Highlights

Defense Costs and Personal Indemnity for Fiduciaries

Any actual or alleged breach of fiduciary duty or responsibilities imposed by ERISA, COBRA, HIPAA, or similar federal, state, or local laws

Stand-alone or Modular Policy Option

Target Businesses

Private Companies

Public Companies

Not-For-Profit Organizations