A fidelity bond is a form of insurance protection that covers policyholders for losses they incur as a result of fraudulent acts by specified individuals.
An ERISA Fidelity Bond protects the assets of employee retirement plans against losses caused by acts of fraud or dishonesty. Established under the Employee Retirement Income Security Act (ERISA) of 1974, these bonds serve as a safeguard for pension plans, ensuring that the funds and assets managed by plan sponsors are protected from potential misconduct by individuals who handle plan assets.
An ERISA Fidelity Bond protects the assets of employee retirement plans against losses caused by acts of fraud or dishonesty. Established under the Employee Retirement Income Security Act (ERISA) of 1974, these bonds serve as a safeguard for pension plans, ensuring that the funds and assets managed by plan sponsors are protected from potential misconduct by individuals who handle plan assets.
Jessica Bailey
Client Relations Representative, ERISA
View Colonial Surety Company’s complete fidelity bond offerings in our appetite guide.
We offer a streamlined purchase process that allows you to instantly purchase bonds and insurance online.
Licensed and admitted in all U.S. states and territories.
Rated “A” Excellent by A.M. Best Company and U.S. Treasury Listed.
(NAIC #10758)
BUSINESS ADDRESS: 123 Tice Boulevard, Suite 250, Woodcliff Lake, NJ 07677.
PHONE: (201) 573-8788.
SURETY LICENSES c,f/: AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, GU, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MP, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VT, VA, VI, WA, WV, WI, WY.
INCORPORATED IN: Pennsylvania.
For more info about surety underwriting limitations read Circular 570 published by the U.S. Department of the Treasury.