What Does Fiduciary Liability Insurance from Coverdash Cover?
Coverdash arranges fiduciary liability insurance for anyone who manages or advises an employee benefit plan, such as a 401(k), health plan, or pension.
Coverdash Fiduciary Liability Insurance · Updated
What Is Coverdash’s Role in Fiduciary Liability Insurance?
Coverdash arranges fiduciary liability quotes from its panel of insurers rather than underwriting the policy itself; you request a quote on its fiduciary page and it places coverage on your behalf. 1
Company-reported.Coverdash's fiduciary liability product page, read together with the provider record's brokerage role. Does not identify which insurer would actually issue a given quote.
Who Issues Coverdash Fiduciary Liability Insurance?
The fiduciary liability page does not name an issuing insurer for the policy. Coverdash markets a panel of carriers generally, but not which one underwrites a particular fiduciary quote. 1
Not publicly disclosed.Checked the fiduciary liability product page on 2026-09-23; no insurer is disclosed there.
Who Is Coverdash Fiduciary Liability Insurance For?
Coverdash markets fiduciary liability to anyone who manages or advises an employee benefit plan, such as a 401(k), health plan or pension, saying that role carries personal fiduciary liability under ERISA. 1
Company-reported.Who it's for section and FAQ answer to 'Who is considered a fiduciary?'.
Coverage Features of Coverdash Fiduciary Liability Insurance
Coverdash describes the fiduciary policy as covering claims of breach of duty to plan participants, plan administration errors such as enrollment or advising mistakes, and claims over poor selection or monitoring of plan investment options, plus legal defense costs. 1
Company-reported.Types of Coverage cards on the product page; exclusions and defense-cost structure are not described and would appear on the issued policy.
Coverdash distinguishes fiduciary liability from an ERISA fidelity bond: the bond protects the plan itself from theft and is legally required, while fiduciary liability protects the individual fiduciaries from lawsuits and is optional, though recommended. 1
Company-reported.FAQ answer to 'Isn't this the same as an ERISA bond?'.
Coverdash says fiduciary liability is often packaged with D&O and EPLI in a management liability policy, but is also available standalone. 1
Company-reported.FAQ answer to 'Is it included in management liability?'.
Coverdash Fiduciary Liability Insurance Limits and Retentions
The fiduciary liability page does not publish limit, retention or deductible amounts for the policy. 1
Not publicly disclosed.Checked the fiduciary liability product page on 2026-09-23; limits and retentions are not shown there and would appear on a quote.
Coverdash Fiduciary Liability Insurance Compared With Other Providers
Other Coverage Lines Documented for Coverdash
Sources for Coverdash Fiduciary Liability Insurance
- Fiduciary Liability Insurance. Coverdash; Hero description; Types of Coverage: Breach of duty, Plan administration errors, Imprudent investments, Legal defense; Who it's for; FAQ: What is fiduciary liability insurance?, Isn't this the same as an ERISA bond?, Who is considered a fiduciary?, Is it included in management liability? Accessed 2026-09-23.