Coverdash vs HUB International Fiduciary Liability Insurance

Coverdash arranges fiduciary liability quotes from its panel of insurers rather than underwriting the policy itself; you request a quote on its fiduciary page and it places coverage on your behalf. ⁴Company-reported. Coverdash's fiduciary liability product page, read together with the provider record's brokerage role. Does not identify which insurer would actually issue a given quote.

HUB brokers fiduciary liability insurance for employers that sponsor health-care and retirement benefit plans, rather than underwriting the coverage itself. ⁸Company-reported. Fiduciary liability product page, read 2026-09-23. The page does not name an issuing insurer.

The fiduciary liability page does not name an issuing insurer for the policy. Coverdash markets a panel of carriers generally, but not which one underwrites a particular fiduciary quote. ⁴Not publicly disclosed. Checked the fiduciary liability product page on 2026-09-23; no insurer is disclosed there.

No insurer is named for fiduciary liability on the product page; the carrier depends on the placement. ⁸Not found in reviewed sources. Checked the fiduciary liability product page on 2026-09-23.

Coverdash markets fiduciary liability to anyone who manages or advises an employee benefit plan, such as a 401(k), health plan or pension, saying that role carries personal fiduciary liability under ERISA. ⁴Company-reported. Who it's for section and FAQ answer to 'Who is considered a fiduciary?'.

HUB targets fiduciary liability brokerage at employers offering health-care or retirement benefit plans who face potential litigation from plan participants, the Department of Labor or the Pension Benefit Guaranty Corporation. ⁸Company-reported. Product-page target-audience description; not a published underwriting appetite.

Coverdash describes the fiduciary policy as covering claims of breach of duty to plan participants, plan administration errors such as enrollment or advising mistakes, and claims over poor selection or monitoring of plan investment options, plus legal defense costs. ⁴Company-reported. Types of Coverage cards on the product page; exclusions and defense-cost structure are not described and would appear on the issued policy.

Coverdash distinguishes fiduciary liability from an ERISA fidelity bond: the bond protects the plan itself from theft and is legally required, while fiduciary liability protects the individual fiduciaries from lawsuits and is optional, though recommended. ⁴Company-reported. FAQ answer to 'Isn't this the same as an ERISA bond?'.

Coverdash says fiduciary liability is often packaged with D&O and EPLI in a management liability policy, but is also available standalone. ⁴Company-reported. FAQ answer to 'Is it included in management liability?'.

HUB lists fiduciary liability claim scenarios it covers as including a plan's insurer, mutual fund or third-party administrator making bad choices, plan administration errors or conflicts of interest, benefits denial, changes or reductions, bad advice or improper counsel, insufficient plan funding, poor investment selection and incorrect plan termination. ⁸Company-reported. Product-page list of covered claim scenarios; the issued policy's insuring agreement and exclusions control an actual claim.

HUB states that fiduciary liability exposure "is not covered by director's and officers' liability policies," positioning fiduciary liability as a separate line from D&O rather than a bundled coverage. ⁸Company-reported. Product-page statement distinguishing fiduciary liability from D&O.

The fiduciary liability page does not publish limit, retention or deductible amounts for the policy. ⁴Not publicly disclosed. Checked the fiduciary liability product page on 2026-09-23; limits and retentions are not shown there and would appear on a quote.

The product page does not publish specific policy limits or retentions; it references that combined defense and settlement costs on fiduciary claims can exceed $1 million as a risk statistic, not a policy limit. ⁸Not publicly disclosed. Checked the fiduciary liability product page on 2026-09-23; the $1 million figure describes potential exposure, not an offered limit.

Not described in the reviewed sources.

HUB publishes a video on preventing fiduciary liability claims and administrative-error best practices on the product page, but the page does not describe a formal fiduciary risk-management or plan-review service. ⁸Company-reported. Product-page educational video reference.

Not described in the reviewed sources.

HUB directs fiduciary liability prospects to "Connect With a Broker" or "Contact a HUB broker" rather than an online quote or bind flow. ⁸Company-reported. Product-page calls to action.