In today’s increasingly litigious society, fiduciaries of pension plans and employee welfare benefit plans can be held personally liable for a mistake in administering the plan or perceived breach of fiduciary duty. Chubb developed the ACE EXPRESS® Private Health Care Protection Policy and the ACE EXPRESS® Not-For-Profit Health Care Protection Policy to specifically address the unique exposures faced by plan fiduciaries of health care organizations.
From top corporate executives that hire investment managers to payroll clerks that process enrollment forms, Fiduciary Liability may be the only coverage that adequately protects people against liability for managing or administering an employee benefit plan.
Download Chubb’s Fiduciary Liability educational materials to find out more about industry trends, loss scenarios, and frequently asked questions.