|
NOTE: CNA Pro will no longer accept new or renewal submissions for standalone First Party ERISA Fidelity coverage, but will continue to respond to Mid-Term endorsement requests. Click here for instructions on how to submit a Mid-Term Change Request.
For more information:
ERISA Mid-Term Endorsement Requests:
Christine DiLiberto
Phone: (609) 395-4233
Email: christine.diliberto@cna.com
First Party ERISA coverage reimburses covered plans for loss due to a trustee, officer, employee, administrator or a manager of the Plan Sponsor. Unlike our Third Party ERISA coverage it does not cover dishonest acts of administrators or managers who are independent contractors.
Available CNA First Party ERISA Alternatives:
1.) Endorsed onto a Commercial Crime Policy - You may want to consider covering all of your company's assets, including your ERISA Plan assets, under the appropriate Commercial Crime Policy. Click here for details on these policies.
2.) CNA Surety First Party ERISA - CNA Surety writes standalone ERISA Fidelity coverage via their Pension Trust Bond. CNA Surety can quote limits up to $1,000,000 effective January 1, 2008. This is the date a change to ERISA law takes effect increasing the required maximum Per Plan Limit to $1,000,000 ERISA Plans from the current $500,000 maximum.
Click here for details on obtaining a CNA Surety Pension Trust Bond quote.
|