Protect your plan fiduciaries
Just like directors and officers, fiduciaries can also be found personally liable for what happens to company benefits and retirement plans. However, D&O liability insurance excludes ERISA claims, which is why your business needs fiduciary liability insurance.
This brochure defines the term “fiduciary” and details what is exactly covered by fiduciary coverage. It also describes two claims scenarios and the total costs of each lawsuit.