Directors & Officers insurance for small businesses

Corporate directors and officers keep your businesses is in safe hands with our best coverages

Directors and Officers Liability Insurance (often called D&O) is liability insurance payable to the directors and officers of a company, or to the organization(s) itself, as indemnification (reimbursement) for losses or advancement of defense costs in the event an insured suffers such a loss as a result of a legal action brought for alleged wrongful acts in their capacity as directors and officers. Such coverage can extend to defense costs arising out of criminal and regulatory investigations/trials as well; in fact, often civil and criminal actions are brought against directors/officers simultaneously.

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What Does Directors and Officers Insurance Covers?

Directors and Officers Insurance is essential in safeguarding company executives from potential legal liabilities that may arise during their duties. Typically, this coverage involves:

• Costs for defending against the legal matters
• Damage compensation
• Protection form the liability
• Converge both civil & criminal actions
• Costs associated with regulatory investigations

D&O insurance generally does not cover Illegal acts or illegal profits.

Why Small Businesses Need Directors and Officers Insurance

Directors and Officers insurance for small business is usually purchased by the company itself, even when it is for the sole benefit of directors and officers. Reasons for doing so are many, but commonly would assist a company in attracting and retaining directors.

InsureYourcompany.com is able to provide Directors and Officer Coverage for Public and Private Companies, For Profit and Not for Profit operations.

Please call to obtain more information regarding this company protection.