Directors’ and Officers’ Liability
Directors and Officers can be held liable for acting wrongfully or illegally while performing their respective duties. Such acts can lead to a financial liability and this insurance policy is drafted specifically for these situations.
This insurance policy can cover the reimbursement to the organization or directors when permitted or required by the law to indemnify them for their losses. The Directors and Officers liability policy can be extended in the form of Employment Practices liability insurance for covering the liabilities that arise out of wrongful employment practices.