
Fiduciary Liability Insurance Explanation & Video
Fiduciary Liability Insurance protects fiduciaries of pension and employee benefit plans from loss due to claims of mismanagement, errors or omissions.
Fiduciary Liability Insurance protects fiduciaries of pension and employee benefit plans from loss due to claims of mismanagement, errors or omissions.
Fiduciary liability claims arise when those managing pension and employee benefit plan assets fail to act in beneficiaries’ best interests. This article explores the risks fiduciaries face and presents three real-world fiduciary liability claims.
Wrongful Act” – the coverage trigger event for a liability insurance policy. Find how definitions vary, what to look for in your insurance policy, and more.
An ERISA fidelity bond is an risk management instrument that protects the benefit or pension plan for which it is purchased, from loss due to dishonesty or fraud by the plan’s fiduciaries.