What is Covered Under a Fiduciary Liability Insurance Policy?

As an employer you have a fiduciary responsibility to act in the best interest of your employees as it pertains to their pensions, retirement accounts, health and benefits, etc.

If you misappropriate funds, embezzle funds, let a policy cancel or don’t make employees aware of a policy cancel, if you change benefits and don’t notify employees or any number of other acts that effect the benefits you have fiduciary responsibility over, you and/or your business can be held liable.

Fiduciary Liability Insurance provides defense and coverage in the event your business is found negligent in a fi

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