Fiduciary Liability Insurance

Under ERISA, fiduciaries may be held personally liable for a breach of their responsibilities in the administration or handling of employee benefit plans. Under ERISA 410, the plan cannot relieve you of this responsibility with indemnification language, however, it specifically permits persons with personal liability to purchase Fiduciary Liability Insurance. Covering yourself with Fiduciary Liability Insurance gives you a piece of mind that you are protected. Learn how to bundle your ERISA bond and Fiduciary Liability Insurance for a discounted rate.

Call us today at 888-383-3313 or email us at ERISADept@colonialsurety.com

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Fiduciary Liability Coverage

 

Its alarming how many fiduciaries do not know the risks they hold every day. With our Fiduciary Liability Insurance, coverage includes defense costs and penalty limits up to $1,000,000. Watch the video below to learn more about why you need fiduciary liability insurance.

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