Attachment H - The Euclid Vanguard Fiduciary Liability Insurance Policy.pdf
PDF 999 KB Posted
- Attached to
- KTRS FIDUCIARY LIABILTY INSURANCE
- Solicitation number
- RFB 758 2400000300 3
- Issued by
- Elliott County, Kentucky
About this file
This is a Fiduciary Liability Insurance Policy document associated with the Euclid Vanguard project. The policy provides coverage for fiduciary liability claims against organizations and their fiduciaries, including officers, directors, employees, and agents. The policy covers losses arising from alleged breaches of fiduciary duty, errors or omissions in the management of employee benefit plans, and other fiduciary-related exposures. Coverage extends to defense costs, settlements, and judgments related to fiduciary liability claims. The policy applies to the named insured entity and includes provisions for coverage limits, deductibles, and exclusions related to criminal acts, intentional misconduct, and matters arising from violations of specific federal and state laws.
The policy includes standard insurance provisions such as coverage limits, retention amounts, and conditions for claims reporting and notification. Exclusions apply to claims involving willful violations of fiduciary duties, criminal conduct, and certain regulatory violations. The policy requires prompt notification of claims and potential exposures. Additional insured endorsements and coverage extensions may be available through policy amendments. Premium terms, renewal conditions, and specific coverage limits would be detailed in the declarations page and schedule of the policy document. The policy represents a risk management mechanism for fiduciary liabilities associated with the Euclid Vanguard project operations and governance.
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