Which claims are settled by D&O Policy?

Which claims are settled by D&O Policy? To cover the third-party liability claims that can be brought on directors and officers of an organization due to mistakes committed while performing managerial duties, directors and officers’ insurance policy is available. The policy provides a wide scope of coverage against third-party claims, including coverage for lawsuits that […]

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Can directors buy D&O policy for themselves?

Can directors buy D&O policy for themselves? The directors of an organisation channel their efforts towards the growth and development of the company. They are liable to the stakeholders, business vendors, suppliers, creditors, government and even to the business as a whole. In the normal course of their job, directors and managerial officers of the […]

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What are the criteria for selection of the best D&O insurance company?

What are the criteria for selection of the best D&O insurance company? A directors and officers insurance policy provides unmatched coverage to organisations and their key personnel against third party liabilities. If the directors and officers of a company commit mistakes or neglect important details, they might suffer a liability claim from third parties who […]

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Should I select a D&O insurer offering lower premium?

Should I select a D&O insurer offering lower premium? A directors and officers liability policy proves to be a valuable addition for an organisation as well as for its key managerial personnel. In the case of third party liabilities, that arise due to errors and omissions committed by the company’s directors and officers, the financial […]

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To what extent can defence costs be claimed under a D&O policy?

Directors and Officers liability insurance policies cover the financial liabilities that directors face if they commit mistakes in discharging their duties. Due to their mistakes, they might be held responsible by third parties who suffer the financial consequences of such mistakes. As such, third parties might file a lawsuit against the directors and officers of […]

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How to customise D&O insurance policy?

How to customise D&O insurance policy? A directors and officers liability insurance covers the board of directors as well as key managerial personnel i.e. the officers of a business organisation. These key personnel are involved in important executive and managerial decision making for the firm.  If they make any wrong decisions or overlook an important […]

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How does renewal pricing work in D&O Insurance?

How does renewal pricing work in D&O Insurance? A directors and officers liability insurance policy provides financial protection to the key management personnel of an organization for any errors that they might make. Being human, the company’s managerial executives might make mistakes in discharging their duties correctly. These mistakes, though not deliberate in nature, might […]

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Can I include the add-on coverage after buying D&O insurance?

Can I include the add-on coverage after buying D&O insurance? Organizations are under constant risk of lawsuits and third party claims if their key personnel commit any mistakes that cause a financial loss to third parties. Though the directors and officers of the organisation make decisions for the growth and development of the organisation, they […]

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How to select the insurance company for D&O Policy?

A directors and officers liability insurance coverage is a must for organisations to protect themselves against financial liabilities brought on by third parties. The policy protects the directors and officers of the company against legal liability suffered due to errors and omissions. Such liabilities can be financially large, and by providing the necessary coverage, a […]

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How to negotiate the best price for a D&O Policy?

A directors & officers liability insurance policy is one that takes care of the financial liabilities suffered by the organisation’s directors and its officers. Such liabilities arise when the managerial employees of the organisation make some mistakes or commit an oversight on important aspects of the business. In such cases, third parties might suffer a […]

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