DIRECTORS AND OFFICERS COVER
Directors and Officers liability insurance protects company directors and officers from claims arising from their official duties, covering legal defense costs and potential damages in cases of alleged wrongdoing or breaches of fiduciary duty.
What it is:
Directors and Officers insurance is a type of insurance that protects directors and officers of a company in the event that they are sued or face legal proceedings related to their actions or decisions while in their role.
Who is covered?
Directors and Officers policies typically cover past, present, and future directors, officers, employees acting in management or supervisory capacity, shadow directors, outside entity directors, spouses, administrators, and executors of insured’s estates.
