New York ERISA / Pension Plan Bond (3 year)

START MY APPLICATION

In 1974, the Employee Retirement Income Security Act (ERISA) was signed to regulate employee benefit plans. This Act requires a fidelity bond covering a fiduciary (those responsible for managing the plan) and a person who handles funds or other property of such a plan. The coverage is intended to protect the plans from dishonesty and fraud committed by individuals who are associated with them. What coverage amount is required?

According to the Act, the amount of coverage necessary for each plan is equal to no less than 10 percent of the amount of qualified plan funds handled, subject to a $500,000 maximum bond amount.

No underwriting or credit check required. Just complete the information by clicking on our START MY APPLICATION Button. After you submit our online application, we will respond and get the process going immediately!

World Wide Bonding Agency guarantees to find the best possible price for the surety bond you need given your particular qualifications! Insurance Agent Commissions are 10% off of each bond premium. Additional underwriting information may be requested. World Wide Bonding Agency guarantees to simplify the process and keep you on the path of least resistance.

New York ERISA / Pension Plan Bond (3 year)

START MY APPLICATION

In 1974, the Employee Retirement Income Security Act (ERISA) was signed to regulate employee benefit plans. This Act requires a fidelity bond covering a fiduciary (those responsible for managing the plan) and a person who handles funds or other property of such a plan. The coverage is intended to protect the plans from dishonesty and fraud committed by individuals who are associated with them. What coverage amount is required?

According to the Act, the amount of coverage necessary for each plan is equal to no less than 10 percent of the amount of qualified plan funds handled, subject to a $500,000 maximum bond amount.

No underwriting or credit check required. Just complete the information by clicking on our START MY APPLICATION Button. After you submit our online application, we will respond and get the process going immediately!

World Wide Bonding Agency guarantees to find the best possible price for the surety bond you need given your particular qualifications! Insurance Agent Commissions are 10% off of each bond premium. Additional underwriting information may be requested. World Wide Bonding Agency guarantees to simplify the process and keep you on the path of least resistance.

question-mark-iconGOT QUESTIONS?

We know the surety bond requirements for New York State and are happy to answer any questions you may have. Feel free to call us at 888.681.7685, email us directly at josephv@wwbagency.com, or fill out the form below and we’ll get right back to you! We look forward to the opportunity to earn your business!

CONTACT US