Saturday, January 20, 2018

Fiduciary Liability

Fiduciary Liability Insurance

Under ERISA, fiduciaries can be held personally liable for losses to a benefit plan incurred as a result of alleged errors, omissions, or breach of their fiduciary duties. Fiduciaries can obtain insurance to provide protection from claims whether they are serving in Public, Private or Not-For-Profit organizations. Today when executives serve on numerous committees and have varying degrees of disclosure requirements, it is essential that there is insurance coverage, especially for legal costs in the event of a claim.

Let the professionals at The ELS Group walk you through your coverage alternatives concerning Fiduciary Liability issues.


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