Virginia — ERISA Bond
Arrange an ERISA fidelity bond for your employee benefit plan through this Virginia page. RLI applications are available for one-year and three-year terms.
Also known as Virginia ERISA Bond (1 Year); Virginia ERISA Bond (3 Years); Virginia 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
- Virginia
- Category
- Fidelity & employee dishonesty
- Federal programme authority
- United States Department of Labor, Employee Benefits Security Administration
What this bond does
The bond protects plan funds or property against covered fraud or dishonesty by people handling those assets.
- Who needs it
- Plan sponsors and administrators arranging required bonding for ERISA-covered asset handlers, unless an exemption applies.
- Who is protected
- The plan is insured. The bond does not replace fiduciary liability insurance or cover general business liability.
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
- Have the full plan identity available.
- Find existing bond documents.
- List employees and outside asset handlers.
- Gather preceding-year funds-handled information.
- Confirm the amount and applicable exemptions.
- Choose the intended term and effective date.
Questions about this bond
Can an outside provider need bonding?
Yes, if it or its employees handle plan assets and no exemption applies.
Is the three-year choice a higher amount?
It describes duration. Confirm the amount required for the plan independently.
Will fiduciary liability insurance satisfy bonding?
No. It addresses breaches of fiduciary responsibilities and does not satisfy ERISA fidelity bonding.
Where do I complete the application?
Purchase Now opens RLI in a new tab. After completing its process and receiving the bond, verify and retain the document with plan records.