Using Wrap Documents to Ensure Group Insurance Policies Comply with ERISA and Avoid Sanctions

A Stitch in Time: Using Wrap Documents to Ensure Group Insurance Policies Comply with ERISA and Avoid Sanctions

Volume 26 No. 05

By

Stephen F. Herbes is the principal in the Law Office of Stephen F. Herbes in Short Hills, New Jersey.

A “wrap” plan document and summary plan description can be a cost-effective way to minimize your client’s exposure to hefty penalties, eye-popping judgments, and—God forbid—even prison under the Employee Retirement Income Security Act of 1974.

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