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
Director and Officer Coverage
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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