Illinois — ERISA Bond
Arrange an ERISA fidelity bond for your plan through this Illinois page. Choose the one-year or three-year RLI term that fits the intended protection period.
Also known as Illinois ERISA Bond (1 Year); Illinois ERISA Bond (3 Years); Illinois ERISA Bonds
2 options on record. Choose the one that matches your requirement, then purchase.
Fidelity protection responds to covered dishonest acts. The form identifies whose money or property is protected, the covered persons, and the applicable limits.
- Bond family
- Fidelity bond
- Recorded state
- Illinois
- Category
- Fidelity & employee dishonesty
- Federal programme authority
- United States Department of Labor, Employee Benefits Security Administration
What this bond does
The bond protects employee benefit plan assets against covered fraud or dishonesty by people handling them.
- Who needs it
- Plan sponsors and administrators arranging required bonding for ERISA-covered plan asset handlers, unless an exemption applies.
- Who is protected
- The plan is the insured party. Fiduciary liability insurance addresses a different risk and does not satisfy this bonding requirement.
Choose from 2 options
Each option is a separate record. Where a term, bond amount, premium, or E&O limit is known, it is listed; match it to what your requirement asks for.
- 1 yearPurchase Now (opens in a new tab)Continue to our secure checkout partner, RLI (opens in a new tab).
- 3 yearsPurchase Now (opens in a new tab)Continue to our secure checkout partner, RLI (opens in a new tab).
The coverage amount describes a limit of protection, not the price. Match the requested protection and covered persons to the actual fidelity form. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.
Sources
- U.S. Department of Labor: ERISA Fidelity Bond Guide (opens in a new tab)Checked October 18, 2026
Have these ready
- Gather the exact plan identity.
- Find existing bond documents.
- List employees and outside providers handling assets.
- Prepare preceding-year funds-handled information.
- Confirm the amount and any exemption.
- Choose the start date and term.
Questions about this bond
Who must be identified as insured?
The plan must be named or otherwise specifically identified as an insured party.
Is the three-year bond automatically larger?
No. The term describes duration. The amount must be determined separately for the plan.
Does this insure ordinary business liability?
This is fidelity protection for plan assets. It does not replace business liability or fiduciary liability insurance.
How do I apply through this page?
Choose the intended term and select Purchase Now. RLI opens in a new tab. After issuance, review and retain the bond with plan records.