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Bond types · Bond type

ERISA Bond

ERISA fidelity bonding concerns benefit-plan losses from covered fraud or dishonesty, not fiduciary liability insurance.

51 bonds

Purpose

ERISA fidelity bonding concerns benefit-plan losses from covered fraud or dishonesty, not fiduciary liability insurance. These products can protect a specified insured interest against covered theft or dishonesty, subject to the actual form.

Who needs it

Employers, service businesses, and employee benefit plan administrators.

Who it protects

Do not apply the ordinary license-bond explanation to every fidelity product. Covered persons, property, exclusions, and claim conditions vary.

Category

ERISA Bond bonds

Before you buy

  1. Gather plan identity, assets handled, and persons with access to plan funds.
  2. Identify whose assets are handled and by whom.
  3. Bring the coverage request and details of existing crime or fidelity coverage.

Common questions

Is the request for plan fidelity protection rather than fiduciary liability coverage?

Gather plan identity, assets handled, and persons with access to plan funds. Compare that information with the exact capacity, activity and obligee named in the written request. Similar catalog labels do not establish an interchangeable form.

Is a type guide the bond I should purchase?

A type guide explains the activity. Choose a jurisdiction-associated parent listing and compare its actual source options with your written requirement; the type page is not a purchasable form.

Recorded states

All 51 states

How can we help you get started?

Choose the quote that fits, and we’ll take it from there.

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