Protecting the fiduciaries of employee benefit plans can be complicated. Under ERISA law, if your company sponsors a retirement or health plan for your employees, and if you are involved in any way with the management of that plan, you are likely considered a “Fiduciary” and may be held personally liable for what happens to the plan.
FIDUCIARY LIABILITY INSURANCE is designed to protect the assets of businesses and employers against claims that they had mismanaged the company’s employee benefit plans. The policy covers the legal expenses acquired for having to defend the claim, and also the financial losses the plan may have suffered because of errors or omissions or breach of duty by the fiduciary.
Let the professional Advisors at TR Jones & Company /
Brown & Brown of Florida, Inc. in Homestead
set up your Fiduciary Liability Insurance Policy today!