---
title: "Is Fiduciary Liability Insurance Required?"
description: "ERISA generally does not require fiduciary liability insurance, but it may require a separate bond for people handling plan assets."
canonical: "https://spot.insure/insurance-faq/fiduciary-liability/is-fiduciary-liability-insurance-required"
page-type: "faq-question"
updated-at: "2026-09-25"
---

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# Is Fiduciary Liability Insurance Required?

ERISA generally does not require fiduciary liability insurance, but it may require a separate bond for people handling plan assets.

ERISA generally does not require fiduciary liability insurance, but it may require a separate bond for people handling plan assets.

A contract, lender, investor, board, or plan document could create a separate practical requirement even where ERISA does not. Check applicable plan documents and agreements, then distinguish any request for “fiduciary insurance” from a required ERISA bond. For a bond, verify which handlers are covered and the required amount. For liability insurance, review policy scope, insureds, exclusions, limits, and dates; don’t assume one product satisfies the other requirement.

## Related Questions

- [Is an ERISA Bond Required?](https://spot.insure/insurance-faq/fiduciary-liability/is-an-erisa-bond-required)
- [Fiduciary Liability vs. ERISA Bond: What Is the Difference?](https://spot.insure/insurance-faq/fiduciary-liability/fiduciary-liability-vs-erisa-bond)
- [How Much ERISA Bond Coverage Do I Need?](https://spot.insure/insurance-faq/fiduciary-liability/how-much-erisa-bond-coverage-do-i-need)
- [What Is Fiduciary Liability Insurance?](https://spot.insure/insurance-faq/fiduciary-liability/what-is-fiduciary-liability-insurance)

## Related Coverage

- [Fiduciary liability](https://spot.insure/coverage/fiduciary)
- [Fidelity bonds](https://spot.insure/coverage/fidelity-bonds)

## Sources

1. [Understanding Your Fiduciary Responsibilities Under a Group Health Plan](https://www.dol.gov/agencies/ebsa/about-ebsa/our-activities/resource-center/publications/understanding-your-fiduciary-responsibilities-under-a-group-health-plan). U.S. Department of Labor, Employee Benefits Security Administration; Who Is a Fiduciary?; What Is the Significance of Being a Fiduciary?; Bonding. Accessed 2026-09-25.
2. [29 U.S.C. § 1110: Exculpatory Provisions; Insurance](https://uscode.house.gov/view.xhtml?req=%28title%3A29+section%3A1110+edition%3Aprelim%29). Office of the Law Revision Counsel, U.S. House of Representatives; 29 U.S.C. § 1110(b)(1)–(3). Accessed 2026-09-25.
3. [Field Assistance Bulletin No. 2008-04: Guidance Regarding ERISA Fidelity Bonding Requirements](https://www.dol.gov/sites/dolgov/files/ebsa/employers-and-advisers/guidance/field-assistance-bulletins/erisa-fidelity-bonding-requirements.pdf). U.S. Department of Labor, Employee Benefits Security Administration; Q2 pp.2–3. Accessed 2026-09-25.

More answers: [Fiduciary Liability and ERISA Bonds FAQ](https://spot.insure/insurance-faq/fiduciary-liability).

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