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Products September 27, 2010
Colonial Surety Expands Pension Insurance Options
Pension professionals looking to obtain fiduciary liability insurance or E&O coverage have a new source.
Reported by PLANADVISER Staff
Effective today, Fiduciary Liability Insurance and Errors & Omissions Insurance, “the basic fundamental safeguards against actual or alleged claims”, can be secured from Colonial Surety Company, according to a press release.
The announcement notes that pension professionals may quote and obtain online issuance of ERISA/Fidelity Bonds, Fiduciary Liability Insurance and Errors & Omissions Insurance “with no administrative hassles” from Colonial Surety Company’s newly designed website.
At this time, Colonial Surety Company says it welcomes quote requests for professional liability insurance. Coverage may be obtained separately or policy package to realize additional savings, according to the firm, which notes that ERISA/Fidelity Bonds for Service Providers and Multiemployer plans will be added shortly.
More information is available at http://www.colonialdirect.com/, or via phone at 1.800.221.3662.