7 Advantages of Directors & Officers Liability Insurance [Infographic]

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A Directors & Officers Liability Insurance Policy protects directors and officers of a company against lawsuits alleging a wrongful acts committed by them in their managerial capacity.

A Wrongful Act can constitute Breach of Fiduciary Duty, Negligence, Error or Omission or Misleading Statement or Misstatement. It may also cover claims related to employment practices, such as discrimination or harassment.

A D&O Insurance Policy provides cover for Defence Costs and Compensatory Damages that the Directors and Officers become legally liable to pay on account of the financial loss suffered by the third parties due to any wrongful act.

It is important for companies to carefully review their D&O Policy Coverage to ensure they have adequate cover for potential risks. It is also necessary to read the exclusions in a D&O Policy in detail to avoid any unwanted surprises later on.

Companies should work with experienced D&O Insurance Brokers to get the best coverage and quotes and ensure their policies accurately reflect their risk exposure.

  1. Directors and Officers Liability Insurance
  2. A must have for your organisation
  3. What is a Directors and Officers Liability Insurance Policy?
  4. What is a Wrongful Act in a D&O Liability Insurance Policy?
  5. What are the Duties of Directors and Officers?
  6. What does a Directors and Officers Liability Insurance Policy Cover?
  7. Who are the potential claimants under a Directors and Officers Liability Insurance Policy?
  8. What are the Key Features of a Directors and Officers Liability Insurance Policy?
  9. What are the Add-On Covers available under a D&O Liability Insurance Policy?
  10. What is the need for a Directors and Officers Liability Insurance Policy?
  11. What are the coverages under a Directors and Officers Liability Insurance Policy?
  12. What is Side A Cover under a Directors and Officers Liability Insurance Policy?
  13. What is Side B Cover under a Directors and Officers Liability Insurance Policy?
  14. What is Side C Cover under a Directors and Officers Liability Insurance Policy?
  15. What are the exclusions under a Directors and Officers Liability Insurance Policy?
  16. What is the average cost of a Directors and Officers Liability Insurance Policy?
  17. Get Best Quotes for Director and Officers Liability Insurance Policy

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