What Does Fiduciary Liability Insurance from Embroker Cover?

Embroker sells fiduciary liability as a standalone policy and says it is most commonly bundled with directors and officers and employment practices liability coverage. ¹Company-reportedProduct-page description; not a statement about the issuing insurer.

Embroker targets companies that provide medical, dental, vision or other benefits, or that offer retirement plans or stock options, and says very small businesses without benefit plans generally don't need the coverage. ¹Company-reportedProduct-page eligibility description; not a guarantee of coverage for a particular business.

Embroker lists coverage for errors and omissions in administering benefit plans and imprudent selection of investments or third-party service providers, and says most newly created or acquired plans get automatic coverage. ¹Company-reportedProduct-page What's covered section; the issued policy and declarations control.

Embroker says the policy excludes criminal activity such as embezzlement, outside advisors or administrators hired to manage the benefit plans, and failure to fund a plan in accordance with ERISA. ¹Company-reportedProduct-page What's not included section.

Embroker says fiduciary liability premiums typically range from $500 to $2,500 per year and that policies can cover as much as $20 million, driven mainly by total plan assets under management, the policy limit and the quality of service providers. ¹Company-reportedProduct-page 'What does Fiduciary Liability cost?' section; actual pricing and limits depend on underwriting.

The reviewed fiduciary liability page does not describe dedicated risk-control or plan-administration review services beyond general references to the Embroker Resource Hub and chat support. ¹Not found in reviewed sourcesProduct page as read on 2026-09-23.

Embroker offers an online quote for fiduciary liability through its digital platform. ¹Company-reportedProduct-page 'Quick quotes' feature description; no quote was requested during this research.