fiduciary liability insurance


Insurance policy that covers civil damages and legal fees arising from lawsuits against pension benefit administrators that are accused of not acting in accordance with the Pension Reform Act of 1974.

Use this term in a sentence

We needed to get some fiduciary liability insurance because it would help everyone out down the road and especially me.

​ Was this Helpful? YES  NO 6 people found this helpful.

When I took the job I was advised to take out Fiduciary Liability Insurance, and after getting slapped with a suit I am glad I did.

​ Was this Helpful? YES  NO 11 people found this helpful.

We opted for fiduciary liability insurance as well as a plethora of other insurance types as it seemed to make the most sense in terms of covering our risks.

​ Was this Helpful? YES  NO 2 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
fiduciary fraud fiduciary negligence