Non-profit Fiduciary

• Covered defense costs to be in addition to limits of liability
• Claim specifically includes any proceeding before the Department of Labor or the Pension Benefit Guaranty Corporation
• Coverage for single employer plans, including Employee Stock Ownership Plans
• Defense costs coverage for 5% and 20% penalties imposed under 502(i) and 502(l) of ERISA
• No discrimination exclusion
• Automatic coverage for newly acquired or created plans
• HIPAA Coverage
• Ability to give Notice of potential claims during Discovery Period
• Automatic waiver of recourse provision
• Full severability of all exclusions
• No retention (when EPL Coverage Section purchased)

*Note: the above coverage highlights are for illustration purposes only and shall not be construed as policy interpretations.

• Duty to defend form
• Worldwide coverage
• Coverage non-cancelable by Underwriters except for non-payment of premium
• Broad definition of Insureds, including coverage for Directors and Officers, employees as well as the corporate entity and any such organization as a debtor -in-possession or a bankruptcy estate of such entity
• Severability as respects all exclusions and the application
• Spousal/domestic partner extension
• Broad definition of subsidiary to include automatic coverage for newly created or acquired subsidiaries with no threshold or reporting requirements. Automatic coverage for joint ventures
• Multiple year run off and discovery period options offered at time of quote
• Bilateral discovery
• No Consent to Settle clause

• Primary $5MM in capacity for each coverage section. Options for combined or separate limits of liability are available
• Excess $5MM in capacity for each coverage section. Options for combined or separate limits of liability are available
• $0 retention on the Fiduciary Liability Coverage Section if the Employment Practices elected
• Duty to Defend with no Consent to Settle clause

E-Risk Services specializes in private company insurance for many types of organizations, including real estate, high-tech, biotech, start-ups or long-established organizations.

Some, but not all, of the classes of business E-Risk insures are listed below:

• Accountants
• Advertisers
• Alternative energy
• Automotive services
• Collection agencies
• Contractors
• Co-ops
• Daycare centers
• Distributors
• Defense contractors
• Employment/staffing firms
• Franchisee and franchisor
• Information technology
• Insurance agents/brokers
• Life sciences
• Manufacturers
• Medical billing
• Personal services
• Professional services organizations
• Retail
• Real estate
• Restaurants
• Telecommunication
• Transportation services