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Bonds
900007-00
ERISA fidelity bond requirement
I had a company contact me about a requirement that it says applies to one of our insureds, to carry $500,000 for fiduciary liability. I had never heard of this requirement. What is it?
900217-00
Obligations for bonds
One of my clients has asked to have a meeting about his bond requirements. He is not a contractor. What kind of bonds could he need and what do I need to know?
900292-00
ERISA fidelity bond conflict-of-interest prohibition
ERISA requires that a fidelity bond must cover the individuals who handle our agency’s pension plan. Is there any reason why our agency cannot place this bond ourselves?