Fiduciary Liability Insurance Cost: What Drives Plan Sponsor Premiums (2026)
Reading Time: 5 minutesFiduciary liability insurance premiums are driven less by plan size than by how fees are structured and how the fiduciary process is documented. Following years of excessive-fee litigation, insurers now treat fee levels and review processes as the top pricing factors — which means the 2026 DOL emphasis on documented process directly affects what plan […]
ERISA Bond vs. Fiduciary Liability Insurance: What Plan Sponsors Need (2026)
Reading Time: 7 minutesPlan sponsors routinely confuse two coverages that protect entirely different things: the ERISA fidelity bond and fiduciary liability insurance. The bond is required by law but narrow, covering only fraud and theft of plan assets. Fiduciary liability insurance is optional but covers the exposure that actually bankrupts fiduciaries: breach-of-duty claims. For context on what employees […]
Building a Documented 401(k) Fiduciary Process Under the 2026 DOL Rule
Reading Time: 5 minutesUnder the DOL’s March 2026 proposed rule, a 401(k) fiduciary’s legal protection now turns on a documented, repeatable evaluation process — not on whether an investment performed well. For plan sponsors, that makes a written fiduciary process the single most valuable risk-management asset they can build, and the one most are missing. Key Takeaways Process […]
Adding Alternative Investments to a 401(k): Fiduciary Duties Under the 2026 Rule
Reading Time: 5 minutesThe 2026 DOL rule and Executive Order 14330 opened the door for private equity, private credit, and other alternative assets in 401(k) menus — and with that access comes new fiduciary exposure. For plan sponsors weighing alternatives, the safe harbor offers protection only to those who can document a rigorous evaluation of each option’s fees, […]
Key Person Insurance and Buy-Sell Agreements: Funding Ownership Transfers (2026)
Reading Time: 8 minutesFor an established business with multiple owners, a buy-sell agreement is only as strong as the money standing behind it, and life insurance is the most common way to guarantee that cash is there the moment an owner dies or exits. Key person and buy-sell coverage are related but distinct: one reimburses the company for […]
How Much Key Person Insurance Does a Business Need? (2026)
Reading Time: 8 minutesMost businesses buy 5–10× the key person’s annual compensation in coverage. For a CFO earning $250,000 in total compensation, that translates to $1.25 million to $2.5 million. But the salary multiplier is a shortcut, not a strategy. It works fine for mid-level managers. It dramatically understates the exposure for revenue-generating partners, founders with irreplaceable client […]
Business Succession Funding With Life Insurance: A 2026 Guide
Reading Time: 7 minutesA business succession plan tells you who takes over; the funding strategy makes sure the transition can actually happen. For an established company, life insurance is the mechanism that turns a written succession plan into a funded one, delivering liquidity at the exact moment ownership changes hands. The gap between having a plan and funding […]
Key Person Insurance Tax Treatment and EOLI Rules (2026)
Reading Time: 9 minutesKey person insurance premiums are not tax-deductible. Death benefits are generally tax-free. Those two sentences capture the core tax treatment — but the compliance step between purchasing the policy and collecting the benefit is where most businesses make the mistake that turns a tax-free payout into a taxable one. The mistake is failing to comply […]
D&O Insurance for Healthcare Organizations: Coverage Guide for Hospitals, Practices & Health Systems
Reading Time: 15 minutesHealthcare directors and officers (D&O) insurance protects the personal assets of executives, board members, and trustees when they are sued over management decisions, regulatory matters, or alleged breaches of fiduciary duty. It is separate from medical malpractice coverage, which responds to patient-care claims against clinicians. D&O answers a different question entirely: who pays when a […]
Does Insurance Cover a Nose Job? Rhinoplasty Coverage Rules in 2026
Reading Time: 6 minutesInsurance does not cover cosmetic rhinoplasty — a nose job performed solely to change the shape or appearance of your nose. No major health insurer in the United States classifies cosmetic nasal reshaping as medically necessary, and no amount of documentation will change that classification if the surgery is purely aesthetic. Functional rhinoplasty is a […]