Directors & Officers

What is Directors & Officers Liability?

Directors &Officers Insurance plans provide liability coverage for corporate executives to protect them against claims arising from choices and acts made in the course of their normal responsibilities.The plan offers security in case of any alleged or actual error, omission, misstatement, breach of duty, or misleading statement.Issues can be merger & acquisition exposure, accounting irregularities, compliance with legalities, discrimination, etc.

Who should purchase this policy??

  • Supervisory Board
  • Non-Executive Directors
  • Officers (CEO, CFO, etc.)
  • Employees at Managerial or Supervisory level

Benefits/Coverages of the Policy

  • Defense Cost
  • Emergency expense coverage
  • Coverage for heirs & legal representatives
  • Damage to Reputation
  • Employment practice liability cover

Ad-Ons

  • Coverage for Retired Directors
  • Coverage for Outside Directorship
  • Kidnap Response Coverage

Exclusions of the Policy

  • Fines/Penalties due to pollution
  • Criminal Activities
  • Bodily Injury or Property Damage
  • War & Nuclear Risks
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