Colonial’s offices will be closing at 3 p.m. EST on Friday, May 24 and will remain closed through Memorial Day, May 27. Our offices will reopen on Tuesday, May 28 at 8 a.m. EST. Our online services will still be available during this time. Thank you for your patience.
We understand mistakes can be made when dealing with the constantly changing pension industry. That’s why we created an industry-specific insurance solution that provides fundamental safeguards for you and your business—whether you’re a plan sponsor or pension professional—all at competitive rates.
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Fiduciary Liability Insurance (FLI)
Although an ERISA bond protects the participants of your plan, it does not cover YOU as the fiduciary. Fiduciary liability insurance provides peace of mind that you are protected from personal liability.
Fiduciary Liability Insurance (FLI) protects pension professionals against claims due to actual or alleged breach of fiduciary responsibilities, and obligations or duties, while providing defense costs associated with employee benefit plan lawsuits alleging breaches of fiduciary liability.