Director & Officer Liability Insurance
Product Description
Product Description – front page
Provide protection to the directors and officers of a company with regard to the possibility of legal liability for personal liability that can arise in carrying out their duties.
Key Features
- Protection for Company's Directors and Officers against management liability arising from wrongful acts in the course of their duty, includes coverage for damages and legal costs.
Plan Highlights
- Protections for both Insured Person and Company with extendable to cover Company’s Subsidiary, Offerings, Discovery Periods and Environmental Violation defence cost.
- Legal Costs may cover investigation, extradition, employment related, and environmental violation related.
- Some policy exclusions include professional services, economic sanctions, bodily injury, property damage and also dishonest behaviour/corruption/gratification.
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Plan details
Exclusions
- Corruption/dishonest behaviour
- Claim the Previous State (Prior claim and circumstances)
- Bodily Injury & Property Damage
- United States Insurance Claims, except those guaranteed
- ERISA (United States Pension Law)
- Professional Services
- Transactions
- Economic Sanctions
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