- Individuals & Families
- Businesses
- Brokers
With winter on its way out, you may be ready for some spring cleaning.
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At their worst, disputes between professional service firms and their clients can lead to costly lawsuits.
Fiduciary Liability Insurance
Coverage Highlights
- Insures the company, the company’s executives and employees, and the company’s employee benefits plan
- Responds to allegations including:
- Wrongful denial or improper change in benefits
- Error or omission in plan administration
- Improper advice or counsel
- Fiduciaries engaging in a prohibited transaction
- Failure to administer the plan according to plan documents
- Conflict of interest
- Imprudent investment of assets or lack of investment diversity
- Imprudent selection and failure to monitor third-party service providers
Benefits
- Private company underwriters located across Canada are experienced in a broad spectrum of industries
Fiduciary Liability
In this informative video, we unpack the complexities of fiduciary duty and the potential risks faced by fiduciaries and plan managers in this dynamic landscape. Gain valuable insights on how Chubb's Fiduciary Liability coverage can help shield your organization from financial losses.
Fiduciary Liability
In this informative video, we unpack the complexities of fiduciary duty and the potential risks faced by fiduciaries and plan managers in this dynamic landscape. Gain valuable insights on how Chubb's Fiduciary Liability coverage can help shield your organization from financial losses.
Resources
The legal rules in Canada governing employee benefit plans are complex.