What Insurance Covers Employee Benefit Claims?
Fiduciary liability may cover claims over benefit-plan administration; benefits owed to participants may be excluded.
A plan participant may claim that administrators mishandled enrollment, disclosures, or benefit decisions. The policy’s definition of fiduciary acts and damages determines whether defense or payment is available; benefits owed may be treated separately.
Check plans and fiduciaries insured, benefits exclusions, defense costs, and reporting terms. Review the actual form for treatment of contributions, restitution, and plan losses.
