Trustees of both multiemployer and governmental health, welfare, and pension trust plans hold a significant and often complex role in managing these plans. Chubb’s insurance coverage helps trustees understand how the Employee Retirement Income Security Act of 1974 (ERISA) imposes extraordinary responsibilities while other amendments and laws governing fiduciary conduct create even more challenges.
Chubb customizes fiduciary liability coverage to fit the unique needs of our Insured’s plans:
Are trustees a target for claims alleging a fiduciary breach or failure to properly administer multiemployer plans? Read more on Chubb’s insurance coverage tailored for trustees of multiemployer plans of all kinds.