WWFI - Worldwide Facilities®, Inc.

As the business world globalizes, employee pensions, benefits and compensation programs are becoming increasingly complex. Anyone who serves as a trustee or who has discretionary authority over a pension, or other employee benefit plan, assumes a certain level of risk.

Fiduciary liability insurance protects benefit plans, the sponsor organization, and individuals acting as fiduciaries or administrators of the plans. The policy covers liabilities arising out of violations of any of the responsibilities, obligations or duties imposed upon fiduciaries by ERISA.

Worldwide Facilities® can offer fiduciary liability policies designed to provide employers with protection for the liabilities associated with managing employee benefit plans.

FIDUCIARY LIABLITY INSURANCE COVERAGE HIGHLIGHTS INCLUDE:
•	Broad definition of insured including the company, its benefit plans and its fiduciaries
•	Optional sublimits for qualifying voluntary settlement fees
•	Optional coverage for defense outside the limits of liability
•	Coverage for 502(i) and 502(l) civil penalties
•	Broad employee benefit plan language including plans outside the United States of America and any excess benefit plans
•	Broad wrongful acts definition includes allegations of breach of fiduciary duty and errors and omissions
•	No deductible will apply for most risks

Please contact your Worldwide Facilities® Product Specialist to obtain applications and specimen policy forms. To learn more about Fiduciary Liability, click here. (hyperlink)

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