Fidelity Bond & Commercial Crime Coverage | Janus Assurance Re janusassurancere.com/uncategorize... #Janus #commercialcrime #fidelitybond

Employees sue USI over voluntary benefit commissions. Which policy pays? Not the ERISA bond. Fiduciary liability insurance responds, but the disgorgement carve-out is where the money is. Full analysis on erisablog.com/usi-voluntar... #ERISA #suretybond #ERISAbond #fiduciary #fidelitybond

ERISA Section 412 requires every plan fiduciary handling funds to carry an ERISA fidelity bond: 10% of assets handled, $1,000 minimum, $500,000 maximum. Instant-issue bonds, inflation guard, non-qualifying asset coverage and TPA programs at erisa-bonds.com #ERISA #FidelityBond #401k