A quote comparison for plan fiduciaries
Two offers are easier to understand when the purpose, details and time period line up.
Copy the provider’s actual terms into the worksheet. Entries stay in this page’s memory and reset on reload. Download or print to keep them. This tool organises information; it does not price, rank or recommend a policy.
Full-term premium
Record the quoted amount, fees and taxes where applicable.
Currency
Use CAD, USD or the actual quote currency.
Policy period
Record the term, such as 12 months or 6 months.
Limits and sublimits
Include separate limits and whether any aggregate is shared.
Deductibles / retention
Specify the event or section to which each amount applies.
Insured people, property or services
Plan types and participant counts
Territory / eligibility
Record the locations and conditions accepted by the provider.
Exclusions and conditions
Record the exceptions and conditions relevant to your situation.
Effective date and reporting basis
Include start date, reporting rules or waiting periods where relevant.
Plan types and scale
Describe plans, participants, assets where requested and jurisdictions.
Governance and providers
Explain committee roles, oversight and outsourced services.
Terms and known matters
Compare limits, retention, defence costs and required disclosures.
Your review notes
Show the entries in my comparison
Questions specific to your world
- Which obligation is addressed by each policy or bond?
- Are the relevant plans, entities and decision-makers within the insured definition?
- Which responsibilities remain with the sponsor after outsourcing?
- Which requested payments or allegations fall outside the proposed terms?
Different entries are prompts for discussion, not proof that an offer is better or worse. Ask about any blank or unclear term before deciding.
Sources & further reading
General insurance principles and the jurisdiction-specific references below support further reading. Examples are illustrative; individual policy terms require provider confirmation. Content updated October 11, 2026.