Trustees of governmental health, welfare, and pension plans hold an essential role in managing these plans to provide benefits to participants, dependents, and beneficiaries. Chubb’s insurance coverage for Public Sectors helps trustees understand how state laws that govern fiduciary conduct could put their personal assets at risk.
Chubb customizes fiduciary liability coverage to fit the unique needs of our Insured’s plans:
Why Do Trustees of Benefit Plans Need Fiduciary Liability Insurance?
Fiduciary rules and state laws governing fiduciary conduct lay out restrictions those managing governmental health, welfare, and benefit plans must adhere to. Read more on how Chubb’s insurance coverage for Public Sector plans can help eliminate risk as a trustee.