Benefits of Fiduciary Liability Insurance

Under the Employee Retirement Income Security Act (ERISA), fiduciaries must act in the interest of plan participants in order to avoid liability claims related to the denial of benefits, administrative error, improper advice, wrongful termination of a plan and similar allegations stemming from plan management. In order for an organization to protect its fiduciaries, fiduciary liability insurance is critical and can provide policyholders with a number of key benefits. Download the resource to learn more.