ERISA Fidelity Bonds

These fidelity bonds are required by the U.S. Department of Labor to protect an employee benefit plan against losses caused by acts of fraud or dishonesty.

Understanding ERISA Fidelity Bonds

An Employee Retirement Income Security Act (ERISA) fidelity bond is a type of insurance that protects the assets of employee benefit plans against losses caused by acts of fraud or dishonesty. Established under the 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.

Plan Sponsors – Protect yourself with Fiduciary & Cyber Liability Insurance

Fiduciary Liability insurance safeguards business owners who provide a pension plan on a personal level, while Cyber Liability insurance secures both the plan itself and the owner’s business assets. Under the high standards of ERISA law, a cybersecurity incident can rapidly blow into a fiduciary breach, especially when no insurance or response plan has been put in place.* To offer comprehensive protection, we bundle Cyber coverage with every purchase of an ERISA bond that includes Fiduciary Liability insurance, ensuring all-around security.

ERISA Protection Packages

EVERY ERISA Package now includes an ERISA Bond + Fiduciary + Cyber Liability Insurance.


Stand-alone ERISA fidelity bonds are also available.

You can also purchase a 1 or 3-year ERISA bond online. Choose a 3-year term for greater annual savings and extended coverage, which ensures the bond remains U.S. Department of Labor compliant for its entire term.

Colonial is the easy choice.

Colonial is a leading provider of ERISA fidelity bonds, which ensure your retirement or benefit plan is U.S. Department of Labor compliant with ERISA bonding requirements. We’re licensed in all 50 states and U.S. territories and make it easy to obtain your I-Bond® (instant, online surety bond). We also include retroactive ERISA fidelity bond coverage for past years when the plan was not covered.

*Cyber liability insurance not available in Guam, Puerto Rico, the U.S. Virgin Islands, and Mariana Islands.

*read the published guidance from the DOL titled “Cybersecurity Program Best Practices” here. 

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