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> ERISA Bond
Guest_named_Dan_*
post Apr 5 1999, 12:23 PM
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A client is due to renew their ERISA bond. The insurance agent called to ask whether the bond could be subject to a deductible. I have never been asked this question before now.

My initial thought was no, a deductible is not acceptable. It almost seems that a deductible would defeat the purpose of the bond, at least in some small way.

But, I have been unable to find any guidance on this question. Any insights or thoughts would be appreciated.

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Dan Smith
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Lynn Campbell
post Oct 31 2002, 08:39 PM
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I thought a deductible in an ERISA Bond was prohibited, but now I cannot find the citation for that... Can anyone help? Thanks!
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Kirk Maldonado
post Nov 1 2002, 12:03 AM
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The bonding requirements are found in ERISA Section 412.


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Kirk Maldonado
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