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AEGIS Products
Fiduciary Liability
Protecting the benefits your employees count on.
Protecting employee benefits and pension plans is a vital responsibility, and even small mistakes can lead to costly claims. Our Fiduciary Liability coverage safeguards members and their fiduciaries against allegations of mismanagement, administrative errors, poor investment decisions or incorrect guidance, helping to mitigate financial impact.
Coverage Details
Aggregate policy limits up to $50 million are available.
- While the specific coverage details are proprietary, the policy is designed to protect the company, its benefit plans, and its fiduciaries, including directors, officers and employees, from legal claims
- Defense costs and indemnity are covered on a claims-made basis
- No minimum self-insured retention
- Coverage for specified civil penalties, subject to a negotiated sublimit
- For some members, coverage is available on a stand-alone basis or endorsed onto the Directors & Officers policy
AEGIS is an eligible surplus lines insurer in all US jurisdictions and a licensed foreign insurance company in all provinces and territories of Canada. For information and assistance about how to approach AEGIS, US persons should contact a licensed surplus lines broker in their state.
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