| Many businesses regularly
contribute to pension and welfare benefit plans set up by unions
for their members. These plans, and other specialized plans and
trusts, have certain unique insuring requirements. That's why AXIS offers Multiemployer Fiduciary Liability Insurance.
This policy is specifically designed for:
| • |
Multiemployer/Union
Plans
|
| • |
Multiple Employer Trusts (METs)
|
| • |
Government and Public Plans |
Coverage is custom-tailored to provide protection
against claims involving the Employee Retirement Income Security
Act (ERISA) or other fiduciary laws in the U.S. and abroad. The
policy includes Fiduciary Liability coverage and Administrative
E&O coverage, providing defense and indemnity for insured plans
and trusts, fiduciaries and administrators.
All of our policies are backed by the financial strength and solid claims-paying ability of the AXIS Insurance companies, rated "A+" (Strong) by Standard & Poor's and "A" (Excellent) XV by A.M.Best.
To learn more about our coverage capabilities, please
speak with your insurance agent/broker, or contact our underwriters.
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