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Employment Practices Liability |
Home > Commercial Lines > Typical Coverage > Directors & Officers (D&O) Directors & Officers (D&O)If you are the owner of a company, you have worked very hard to build something that provides you with personal satisfaction, success, and most importantly financial security for your family’s future. Tillinghast-Towers Perrin reported that the cost of defending D&O litigation can range from $100,000 to $2,000,000. Can your business and your future afford that expense? protects directors and officers of public, private, and not-for-profit corporations against loss (damages and defense costs) arising out of their status or conduct as directors or officers. Common claims allege:
D&O FAQ My company isn't publicly traded, why would I need a D&O policy? It's my company, on what grounds could someone sue me for how I run it? Will a D&O policy pay for my defense if I'm sued?
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