ERISA FIDELITY BOND

Buy an Instant Issue California ERISA Fidelity Bond Online here.

An ERISA fidelity bond is a type of insurance that protects the plan against losses caused by acts of dishonesty or fraud. The Employee Retirement Income Security Act (ERISA) sets rules and standards of conduct for private sector employee benefit plans and those that invest and manage their assets. The provisions of ERISA are administered by the U.S. Department of Labor. The provisions were enacted to address public concerns that funds of private pensions and other employee benefit plans were being mismanaged and abused. One of ERISA’s requirements is that people who handle pension plan funds and other property must be covered by a fidelity bond to protect the plan from losses due to dishonesty or fraud.

Under ERISA, each person must be bonded for at least 10% of the $1 million or $100,000. (Note: Bonds covering more than one plan may be required to be over $500,000 to meet the ERISA requirement because persons covered by a bond may handle funds or other property for more than one plan.)

 

 

If you have questions or would like to speak with someone regarding this type of bond call 916-984-9320

 You may also send us an mail to: Info@barraganinsurance.com

Free Sacramento Insurance Quotes is a division of Barragan Insurance Agency

1132 Suncast Lane Ste 8

El Dorado Hills, 95762

Phone: 916-984-9320

We provide ERISA  Bonds throughout California and the Sacramento, Chico, Redding, San Francisco, Oakland, San Jose, Long Beach, Fresno, Los Angeles, Santa Ana, Anaheim, and San Diego, California regions. We provide our clients with low cost, affordable, cheap Tax Preparer bonds.  We serve Sacramento and cities throughout California including Folsom, Elk Grove, Rancho Cordova,  Carmichael, Antelope, North Highlands, Gold River, Fair Oaks, Woodland, Natomas, Sacramento, Anatolia, Kavala  Ranch, Rocklin, Roseville, Lincoln, Loomis, Granite Bay, Galt, Davis, West Sacramento, Citrus Heights, Orangevale, Folsom Ranch, El  Dorado Hills, Folsom Ranch, Russell Ranch, Stockton, Modesto, Lodi, Merced, Tracy, Antioch, Dixon, Woodland, Fairfield, Vacaville, Chico,  Bakersfield, Los Angeles, San Diego, San Francisco, Long Beach, Fresno, Oakland, Santa Ana, Anaheim, Vallejo, Marysville, Yuba City, Linda, Plumas Lake, San Jose, Campbell, Placer County, Sacramento County, El Dorado County,  Yolo County, San Joaquin County, Sutter County, Northern California, Central California, and Placer County, and other cities and counties within California.