Coverdash Fiduciary Liability Insurance

Not publicly disclosed. 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. ¹Checked the fiduciary liability product page on 2026-09-23; no insurer is disclosed there.

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. ¹Company-reported. Who it's for section and FAQ answer to 'Who is considered a fiduciary?'.

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. ¹Company-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. ¹Company-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. ¹Company-reported. FAQ answer to 'Is it included in management liability?'.

Not publicly disclosed. The fiduciary liability page does not publish limit, retention or deductible amounts for the policy. ¹Checked the fiduciary liability product page on 2026-09-23; limits and retentions are not shown there and would appear on a quote.