Executive Risk Protection

Fiduciary Liability Insurance

RLI’s fiduciary liability policy stands between your clients and their exposure to Employee Retirement Income Security Act (ERISA) liability.

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Insurance Type

Admitted & Non-admitted

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Distribution

Retail & Wholesale

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Availability

Available in 50 U.S. states.

Not an agent or broker?

If you're a fiduciary interested in liability insurance, ask your insurance agent or broker for a quote from RLI.

coverage

The value of RLI Fiduciary coverage

Insured Person explicitly includes estate, heir, legal representative or assign as well as a trust which holds assets contributed — in the event of death, incapacity or bankruptcy
Loss explicitly includes coverage for HIPAA penalties with no retention applicable
ERISA definition explicitly includes HIPAA
Insured Plan explicitly includes cafeteria plan, dependent care assistance program, and fringe benefit and voluntary employees’ beneficiary association as defined in sections 125, 129, 132 and 501(c)(9) of the U.S. Internal Revenue code
Claim explicitly includes a written request to toll or waive a statute of limitations relating to a potential claim
Claim explicitly includes demand for arbitration

Fiduciary appetite

Includes but not limited to:

Public: Any publicly traded company with details of how much employer stock in the plans
Private: Any private company that does not have a leveraged ESOP
Not for Profit: Any not-for-profit organization
Labor Management Trust (LMT): Only local labor unions, no national labor unions
Governmental entities
Religious affiliations

Our value, your benefit

Available in excess coverage (pure follow-form coverage sits over all coverages)
Automatic merger and acquisition and automatic run-off coverages
Broad punitive damage and spousal liability coverages
Zero retention for investigative costs coverage for favorably resolved claims
A three-year discovery quote guaranteed
Investigations are included in the definition of claim
“Pay on behalf of” language
Claim notice “as soon as practicable”
Non-cancellability (except for non-payment of premium)
Worldwide coverage

RESOURCES

Policy forms look up & loss runs

Our online system provides Executive Liability policy forms and applications.

Request loss runs.

policy forms look up

Contact an underwriter

Find your underwriter

Our nationwide team of underwriters utilize their expertise and innovative approached to underwrite risks specific to their regions and market segments.