Fiduciary Liability for Behavioral Healthcare, Addiction and Social Services Organizations
Offered by Negley Associates
Addiction Treatment Behavioral Healthcare D & O Liability Directors & Officers Employer Liability Fiduciary Fiduciary Liability Non Profit D&O Nonprofits Social ServicesDescription
Fiduciary coverage isdesigned to protect fiduciaries of employee benefit plans in the event a claim is made based on an error, omission or breach of fiduciary duties. Coverage includes defense costs, as well as financial losses the plan itself may have incurred.
The Employee Retirement Income Security Act of 1974 (ERISA) substantially increased the liabilities of fiduciaries.While ERISA does not require Fiduciary LiabilityInsurance, many D & O insureds elect to add thiscoverage.
Details
Has Pen
Carrier Information
Rated A+ by A.M.Best
Admitted
Listing Contact
Bernice Holloway VP, Underwriting Manager
Offered By
Downloadable Files
Availability 50 states + DC
Covered
Not Covered