Overview
ERISA (Employee Retirement Income Security Act of 1974) created certain fiduciary liability exposures for benefit plans governed by ERISA. This course describes the basic fiduciary duties set forth by ERISA, analyzes claim exposures that can arise from these duties, and provides a detailed look at specific provisions within fiduciary liability insurance policy forms that address these exposures.
Find this course for your license
License or Certification
Regulator
Type
Learning Objectives
- identify the types of plans impacted by ERISA regulations and the specific fiduciary duties and standards of care imposed by ERISA;
- identify the most common fiduciary liability exposures;
- identify the key elements of fiduciary liability policies, including the major insuring agreements, who is covered, and key coverage extensions, exclusions, and conditions; and
- recognize how fiduciary liability policies can be coordinated with other types of management liability policies.
Designed For:
Property and casualty insurance agents and brokers, underwriters, risk managers, and adjusters at any level in their career
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International Risk Management Institute, Inc. (IRMI) is the premier provider of risk and insurance continuing education and reference publications, and is considered the ultimate authority by leading insurance practitioners. Written by industry experts, IRMI courses provide the most up-to-date, practical and reliable information possible.
Course Information
Adding additional credit may change exam requirements.
| Advanced Preparation: | None |
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