Fiduciary Liability Insurance
Fiduciary Liability insurance safeguards business owners who provide a pension plan on a personal level, while Cyber Liability insurance secures both the plan itself and the owner’s business assets.
What is Fiduciary Liability Insurance?
Fiduciary Liability insurance safeguards business owners who provide a pension plan on a personal level, while Cyber Liability insurance secures both the plan itself and the owner’s business assets. A lack of specific Cyber Liability coverage for the plan constitutes a breach of fiduciary duty according to the Department of Labor. To offer comprehensive protection, we bundle Cyber coverage with every purchase of an ERISA bond that includes Fiduciary Liability Insurance, ensuring all-around security.
*read the published guidance from the DOL titled “Cybersecurity Program Best Practices” here.
Already have your ERISA Bond?
No problem: now you can add Fiduciary Liability and Cyber Liability to complete your coverage. Remember, our Cyber Liability Insurance for plan sponsors covers the retirement plan, as well as the company. Click here to purchase FLI standalone with 50k Cyber.
ERISA Protection Packages
EVERY ERISA Package now includes an ERISA Bond + Fiduciary + Cyber Liability Insurance.
Instant & Flexible
We offer a streamlined purchase process that allows you to instantly purchase bonds and insurance online.
Direct Writer
Direct writer licensed and admitted in all U.S. states and territories.
Rating
Rated “A” Excellent by A.M. Best Company and U.S. Treasury Listed.
(NAIC #10758)
BUSINESS ADDRESS: 123 Tice Boulevard, Suite 250, Woodcliff Lake, NJ 07677.
PHONE: (201) 573-8788.
SURETY LICENSES c,f/: AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, GU, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MP, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VT, VA, VI, WA, WV, WI, WY.
INCORPORATED IN: Pennsylvania.
For more info about surety underwriting limitations read Circular 570 published by the U.S. Department of the Treasury.
Frequently asked questions
