Protect Those Managing Employee Benefits
Fiduciary Liability Insurance in Michigan
Administering employee benefits comes with legal responsibility. If mistakes occur in managing retirement plans, health coverage, or pension funds, your business—and those managing the plans—could face personal liability. Logan Insurance Group offers fiduciary liability insurance in Michigan to protect your organization and its leadership.
Stay compliant and protected with fiduciary coverage designed for Michigan employers.
What Fiduciary Liability Insurance Covers in Michigan
A fiduciary liability insurance policy helps protect your business and plan administrators from claims of mismanagement, omissions, or errors related to benefit plans.
Breach of Fiduciary Duty
Covers claims alleging failure to act in the best interests of plan participants—critical under ERISA law.
Errors in Plan Administration
Protects against administrative mistakes in managing retirement or health plans, including eligibility and enrollment errors.
Misrepresentation of Benefits
Covers miscommunications about the availability, coverage, or terms of employee benefits.
Improper Investment Decisions
Protects plan fiduciaries from claims related to risky or underperforming retirement plan investments.
Legal Defense Costs
Pays attorney fees, settlements, and judgments related to covered fiduciary liability claims.
ERISA Compliance Protection
Addresses claims related to violations of the Employee Retirement Income Security Act (ERISA), which governs most employee benefits in Michigan and nationwide.
Why Michigan Businesses Need Fiduciary Liability Coverage
If you’re a business owner, HR leader, or executive overseeing employee benefit plans, you can be held personally liable for even unintentional errors. In Michigan, fiduciary liability insurance helps shield you from the legal and financial consequences of those claims.
It’s especially essential for companies offering 401(k), group health, pension, or other retirement and welfare plans.
Supporting the People Who Power Michigan’s Economy
From builders on site to professionals in private practice, we know your insurance needs are unique. That’s why we’ve built specialized insurance solutions for two of Michigan’s essential business sectors.
Contractors Insurance
For construction and trades
Professional Insurance
For medical and licensed professionals
Smart coverage for the work you do every day.
Protect Your Business and Your Leadership
Fiduciary Liability Coverage Built for Michigan Employers
We help small and mid-sized Michigan businesses reduce their exposure to costly employee benefit claims. With tailored coverage and personal support, Logan Insurance Group ensures your leadership team is covered from all angles.