Fiduciary Liability Insurance (FLI)
If you are involved in the management of a company-sponsored employee benefit plan, such as a 401(k) plan or other retirement plan governed by ERISA, you are considered a fiduciary—and held to the highest duty of care standards. As a fiduciary, it’s critical to protect your company, the retirement plan—and yourself. To do so, obtain both Fiduciary Liability and Cyber Liability through one of our convenient value packages. Our ERISA Bond Package enables you to affordably add both Fiduciary Liability and Cyber Liability when you obtain or renew your bond.
Already have your ERISA Bond? No problem: now you can add Fiduciary Liability and Cyber Liability to complete your coverage. Remember, our Cyber Liability Insurance only covers the retirement plan, as well as the company, when purchased through one of our special protection packages for plan sponsors.
Watch our video to learn more about why you need this critical coverage.
Fiduciary Liability Insurance is also available as part of an ERISA bond package.
We currently offer fiduciary liability insurance with our ERISA bond packages, which provide greater protection and value. Two and three year packages also include cyber liability insurance — to safeguard plan assets and your company against a loss due to cyber attack.