October 2020
In this presentation, we will discuss the various lines of insurance which are most pertinent to financial advisors servicing the retirement space. From professional/cyber liability to the insurance needs at the plan level, there are many risk management tools which can be utilized to protect all parties involved.
We’ll discuss the difference between fiduciary liability and covering your professional services as a fiduciary advisor and help you understand bonding requirements in the retirement space. We will also discuss how to properly structure an insurance program to ensure there is no overlap in coverage, which will help provide a seamless claims handling process and avoid any finger pointing among carriers.