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Cost Factors and Savings Opportunities
The cost of fiduciary insurance varies based on several factors, including the size of the company, the number of plan participants, and the total assets under management. On average, premiums can range from $1,000 to $5,000 annually for small to medium-sized businesses1. However, businesses can often find discounts by bundling fiduciary insurance with other types of coverage, such as general liability or directors and officers insurance.