Coverage classification
- Form type
- Endorsements
Compare Fiduciary liability coverage forms
| Form | Intent | Claim timing | Coverage extensions |
|---|---|---|---|
Central Mutual Insurance CompanyFiduciary Liability Coverage Part PRFD 2004 0526 Fiduciary / Management Liability | Covers specified loss from claims against insureds. | Addresses claims first made during the policy period, subject to policy terms. | Separately addresses benefit denial appeals, fiduciary inquiry costs and voluntary settlement program coverage. |
Mitsui Sumitomo Insurance USA Inc.Fiduciary Liability Coverage Part MSIG 11P20050 1225 Fiduciary Liability | Covers specified loss from wrongful-act claims against insureds. | Addresses claims first made during the policy period or applicable extended reporting period and reported as required. | Includes voluntary compliance coverage and certain fiduciary civil penalties, subject to sublimits. |
Notable clauses
“Loss resulting from a Benefit Denial Appeal first made against the Insured during the Policy Period.”
Central Mutual Insurance Company · Fiduciary Liability Coverage Part · PRFD 2004 0526
Benefit denial appeals. The form separately addresses certain benefit denial appeals, subject to its terms.
“No Retention applies to any Voluntary Compliance Loss.”
Mitsui Sumitomo Insurance USA Inc. · Fiduciary Liability Coverage Part · MSIG 11P20050 1225
Voluntary compliance. The form specifies no retention for voluntary compliance loss; related coverage remains subject to its sublimit and conditions.
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