29 U.S. Code § 1110 - Exculpatory provisions; insurance
Exculpatory provisions; insurance
(b) Nothing in this subpart  shall preclude—
a plan from purchasing insurance for its fiduciaries or for itself to cover liability or losses occurring by reason of the act or omission of a fiduciary, if such insurance permits recourse by the insurer against the fiduciary in the case of a breach of a fiduciary obligation by such fiduciary;
a fiduciary from purchasing insurance to cover liability under this part from and for his own account; or
 So in original. This part does not contain subparts.