If you have an employee benefit plan, you should consider Fiduciary Liability Insurance. This important coverage protects businesses and employer’s assets against fiduciary related claims of mismanagement of a company’s employee benefit pl bsp;The policy covers the cost of defending those claims that seek to establish such liability.
Fiduciaries can be held liable for the acts, errors, and omissions of outside entitles that provide administrative and related services. These services can be actuarial consulting, accounting firms, law firms, and administrations.
Protect your business with this coverage. Give us a call at Hyland Insurance to discuss how fiduciary liability insurance can meet your business’ needs.