Employee benefits liability

{
  "id": "MLC-T-INS-001287",
  "term": "Employee benefits liability",
  "field": "Insurance and risk management",
  "definition": "Liability insurance that protects an employer from claims arising from errors or omissions in the administration of employee benefit plans. This includes mistakes in advising employees about benefits, enrolling or terminating employees, or handling records. Coverage typically applies to claims for financial loss rather than bodily injury or property damage.",
  "url": "https://mlchart.com/terminology/insurance/employee-benefits-liability/"
}