Those who administer employee benefit plans can be held personally liable for actual or alleged breach of their fiduciary duties. Breach of duty claims can come from plan participants and regulatory agencies and commonly involve administrative errors, denial of benefits, conflict of interest, mismanagement of funds and wrongful termination of a plan.

The Fiduciary Liability Policy can protect the personal assets of your fiduciary clients and the financial assets of their organization. The policy offers up to $25 million in capacity and can be tailored to meet the specific needs of non-profit, private and public companies, as well as Taft-Hartley Plans.