Fiduciary Liability Policy

Are you interested in more complete protection for or your company's fiduciary(ies) and your enterprise? We offer policies which enhance a basic ERISA bond with employee benefit liability coverage as well as other attractive features. Our enhanced policy provides:

  • Broader definition of "insured"
  • Civil penalty coverage
  • Coverage for "settlement" fees
  • Coverage for plans previous to corporate status changes
  • Broader definition of "subisdiary"
  • Coverage extension for a foreign parent corporation
  • Litigation defense option/duty to defend

If you would like a quote for this type of policy please complete and submit the application below.

Fiduciary Liability Policy Application

As part of this Application, we expect you to submit the following documents:

  • Sponsor financial statement if applicant maintains a defined benefit, self-funded welfare plan, an Employee Stock Ownership Plan (ESOP) or if the applicant is a church, government or quasi-governmental entity
  • Plan financial statements for defined benefit plans and self insured welfare plans, if limit requested is greater than $1,000,000
  • Sponsor financial statement and plan financial statements for each defined contribution plan, if limit requested is greater than $5,000,000
  • Employer Securities Supplemental Application, if any plan is an ESOP or if any other defined contribution plan invests in employer securities
  • Most recent Form 5500 of all plans