Fiduciary Liability insurance provides protection for organizations and individuals responsible for managing employee benefit plans, including pensions, group benefits, and retirement programs.

Coverage responds to claims alleging errors, omissions, or breaches of duty in the administration or oversight of these plans, such as mismanagement of funds, improper advice, or failure to comply with regulatory requirements. It typically includes legal defense costs, settlements, and damages associated with such claims.

As benefit programs become more complex and regulatory scrutiny increases, fiduciary liability coverage plays an important role in protecting organizations and plan administrators from financial exposure while supporting compliance and responsible governance.

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