What is Employee Benefits Liability Insurance?
Employee Benefits Liability Insurance is a form of professional liability insurance that covers an insured in the event of a claim which emerges out of mistakes or omissions in the administration of a company benefit plan. For example, failing to instruct employees of eligibility rules, clerical errors such as missing employee files or records connected to benefits, or failing to maintain, enroll, or terminate beneficiaries. Coverage is typically connected by endorsement to a general liability policy or other fiduciary liability policy.
Which benefit plans are covered by EBLI?
Benefits plans generally covered under EBLI would be life and dental insurance plans, pension or profit-sharing plans, social security, unemployment benefits, and maternity leave.
Get the coverage you need
Mills & Mills Insurance is based in beautiful Wilton, CT, 06897 45 minutes from New York City and 2 hours from Boston. We serve Fairfield County, Westchester County, Long Island and all of Rhode Island.
Mills & Mills Insurance will provide you with the right coverage to make sure your investments are safe during a disaster. When partnering with us, we will give you all the necessary information and options you need to make the best choice of insurance company and policy. Give us a call today at (203)- 762-8373.
35 Old Ridgefield Rd, Wilton CT 06897