_why-do-i-need-fiduciary-liability-insurance-124-colonial-surety-company.jpg "Why Do I Need Fiduciary Liability Insurance? | Colonial Surety Company from k investments limited Video Screenshot Preview")
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⏲ Duration: 1 min 18 sec
✓ Published: 13-Aug-2022
✓ Published: 13-Aug-2022
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You are involved with the management of an employee benefit plan, like a 401(k) plan, which makes you a Fiduciary!nAnd could be held personally liable for any alleged or actual claim for breach of fiduciary duties.nAlthough an ERISA Fidelity bond covers the employee benefit plan, it does not cover YOU the Fiduciary, who has the responsibility to select advisors and investments, minimize expenses and carefully follow the plan’s documents.nThousands of ERISA lawsuits are filed each year, with st
You are involved with the management of an employee benefit plan, like a 401(k) plan, which makes you a Fiduciary!nAnd could be held personally liable for any alleged or actual claim for breach of fiduciary duties.nAlthough an ERISA Fidelity bond covers the employee benefit plan, it does not cover YOU the Fiduciary, who has the responsibility to select advisors and investments, minimize expenses and carefully follow the plan’s documents.nThousands of ERISA lawsuits are filed each year, with st
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