DIRECTORS AND OFFICERS INSURANCE
Your Director or Officer might incur personal liability in the course of managing your company. While your company may be a separate legal entity capable of suing and being sued, your Director or Officer can be personally responsible for the decision and action they take.
They can be sued for any act/omission arising from their management of your company. Unlike your company, their personal liability is unlimited. Our D&O Insurance seeks to cover the personal liability (including lawyer fee for defending a claim) of your Director or Officer incurred while acting in their capacity as a Director or Officer of your company.
Extensions available include:
- Cover for employment practices disputes against your employee or the company (if applicable) for issues like discrimination, harassment, wrongful dismissal or retaliation.
- Lawyer representation for your Director or Officer during official Inquiry into the affair of your company
- Additional limit for non-executive director