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Doesn’t My Employee Benefits Liability (EBL) Coverage Include Fiduciary Liability?

April 26, 2017coverage doesn’t EBL employee benefits Fiduciary liability

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Doesn’t My Employee Benefits Liability (EBL) Coverage Include Fiduciary Liability?

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EBL insurance policies cover many claims arising out of errors or omissions in the administration of a benefit plan, including the failure to enroll an employee in the plan as well as the administration of improper advice as to benefits. EBL insurance does not cover all situations of fiduciary responsibility, especially those regarding imprudent investment of funds and others highlighted in this section.