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Most popular is a stand-alone form or separate fiduciary liability policy. At least two other types of coverage are related to fiduciary liability insurance, and it is important to clarify them. First, fidelity bonds are required by law (ERISA bonding). This is a form of insurance for dishonesty situations.
Most types of life insurance will require a single medical exam before writing the policy, but are not concerned with your medical records once the policy is in force. Because of this, a life insurance policy is less vulnerable to being exploited, and does not warrant the additional legal protection. Insurance companies are one of the legal entities, including law enforcement, who can legally request information otherwise protected by HIPAA. For insurers, access to your medical information can influence the cost of a life insurance policy or whether it can be underwritten at all. Just as law enforcement may need your medical records to protect you, the insurance company needs them in order to financially protect your needs.