Euclid Vanguard Fiduciary Liability Insurance Policy
Offered by Euclid Fiduciary
Fiduciary Liability ERISA Bond Multi-employer Erisa Bond ERISA Plan Fiduciary Bond First Party CyberDescription
Euclid Specialty has reinvented the conventional fiduciary liability insurance policy to meet the needs of today's trustee. The Euclid Vanguard Fiduciary Liability Policy has created new coverage's to prevent potential individual liability from emerging liability exposures. New features include:
1) Duty to Defend, No Hammer Clause and Insured's choice of Counsel;
2) Trustee Claims Expenses/Non-Fiduciary Coverage;
3) Settlor Coverage;
4) Pre-claim investigation coverage
5) Section 502(a)(3) equitable relief and surcharges;
6) Expanded Penalty Coverage; Voluntary Compliance Program Coverage
7) HIPAA, HITECH; PPACA; 502(c) and PPA
8) Coverage for benefit miscalculations;
9) Coverage for Section 301 of the Labor Management Relations Act;
10) Coverage for retainer fees and expenses of an Independent Fiduciary;
11) The Euclid Penalty Box - an umbrella of penalty coverage to expand coverage when the underlying sublimit of penalty coverage is exhausted; Misc. Penalty/Other Penalty coverage;
12) 502(i) and (l) coverage; and
13) Cyber Essentials coverage, 1st party cyber built into policy
14) Renewal guarantee available
A.M. Best "A/XV" Admitted program. $25 million primary or excess capacity.
Details
$25M Maximum Premium
Has Pen
Carrier Information
John O'Brien
Admitted
Rating A/Excellent
Rating By A.M. Best & Company
Listing Contact
John O'Brien Chief Marketing Officer
Offered By
Downloadable Files
Availability 50 states + DC
Covered
Not Covered
