This essential protection covers you as a fiduciary, and your business, against claims of actual or alleged breaches of your duties.
Armed with Fiduciary Liability Insurance for Pension Professionals, you and your business are protected against claims due to improper investments, breach of fiduciary responsibilities, obligations, or duties, as well as covered for defense costs associated with employee benefit plan lawsuits.
As a professional providing pension services, you cannot afford to go without coverage: regulations, expectations—and lawsuits—are on the rise. You can be held legally responsible and personally liable in the event of mistakes. Even the allegation of a fiduciary breach can be a disaster. Let’s get you covered today.
For maximum value and efficiency, remember: Colonial can help you ensure your plan sponsor clients are compliant and protected too. We even package fiduciary and cyber liability insurance with the DOL required ERISA bond. Speed, expertise, savings: trust us: ERISA Packages Here.