Solving the Retirement Plan Liability Insurance Puzzle

When employers that sponsor retirement plans received their 2021 insurance renewals for fiduciary liability coverage, they were also likely to have received some unpleasant surprises: Higher liability insurance premiums, caps on liability coverage, more restrictions and exclusions, higher risk-retention levels,

or, sometimes, all of the above.As a result, employers increasingly face difficult decisions about buying liability coverage.Reviewing the BasicsFiduciary liability insurance protects

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