Directors and Officers

If you sit on a board of directors for a business or any other entity, you can be held personally responsible for the actions of your fellow board members. That means your personal assets could be at stake!

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p>Because of this personal risk, most board members demand Directors & Officers Liability insurance (D&O) be in place.  Who wants to lose their home over a bad decision someone else made?

What Does Directors and Officers Liability Insurance Cover?

Directors & Officers Liability provides coverage for directors and officers of a company or other entity if they are sued as a result of their performance of their duties as it relates to the company.  Lawsuits can come from stockholders, employees and clients, so you need to be prepared.

A typical Directors & Officers Liability policy provides legal defense costs for claims related to:

  • Harassment
  • Discrimination
  • Wrongful Termination
  • Financial Responsibility

Ever heard of the term “Guilty by Association”?

Whether you’re on the board of a Company, a Bank or a Homeowners Association, Directors & Officers Liability can keep your personal assets out of the picture if your board is sued.

So, call us today or fill out our free insurance quote form to learn more about Directors & Officers Liability coverage. We would love to offer you good insurance coverage and sound insurance advice and be sure you are on your way to success.

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