What are the important features of D&O insurance?

The directors and officers of a company put in their best efforts to ensure the organization’s growth and profitability. However, if they make any errors when discharging their duties or if they are negligent, third parties might suffer a financial loss. If such financial loss can be attributed to the actions of the directors and […]

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Features of D&O liability policy – Infographic

Directors and officers insurance offers protection to personal assets of directors and officers of the company from the legal claims arising out of wrongful practices, errors and omissions occurred while performing their managerial duties. Below infographic explains the important features of D&O insurance policy.  

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If you own a small or medium business, do you need to buy D&O policy?

Many of the people believe and advocate that Directors and Officers liability insurance is necessary only for large enterprises but today, small and medium businesses have started including this policy in their risk management portfolio. Every business, whether it is large or small can make mistakes and hence it needs a quick and reliable recovery […]

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What is covered under a directors and officers Liability Insurance Policy?

Directors and Officers Liability Insurance (D&O) covers the cost of legal defense of directors, even in their individual capacity, when the company is unable to defend them. The D&O cover applies to former, present, and future members of the board of directors or any employee performing a managerial role. Usually, the directors and officers liability […]

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What are Side A, B and C covers in a D & O policy?

What are Side A, B and C covers in a D & O policy? A Directors and Officers (D & O) Liability insurance policy is a very effective and essential  liability cover that is required for any type of organisation – from well established MNCs to small and medium enterprises (SMEs or MSMEs), especially for […]

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What do you mean by EPLI? Is it covered in D&O insurance?

EPLI, also known as Employment Practices Liability Insurance, can be covered under the Directors and Officers (D&O) insurance policy. EPLI is a claims-made policy which reimburses defence cost and settlement cost incurred by an employer on fighting employee-related lawsuits. An employee can make or break the organization and to be fighting against an employee-related lawsuit […]

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What is Side A coverage for directors and officers liability?

Directors and Officers liability is a comprehensive policy comprised of Side A, Side B and Side C. Side A protects the directors and Officers only, here the claims against directors are taken into consideration when the company is unable to pay because of bankruptcy or legal provisions. On the other hand, Side B and C […]

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What is not covered by directors and officers liability policy?

Exclusions are a part of practically every insurance policy and it is essential to understand and update yourself on various “ins and outs” of your policy. Directors and Officers liability insurance offers wide coverage for the directors and officers of the company for alleged wrongful acts whilst performing their duties for the company. Getting this […]

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Who are covered under Directors & Officers (D&O) Liability Insurance Policy?

Directors & Officers (D&O) liability insurance safeguards the personal liability of directors and officers arising due to any wrongful acts done by them in their managerial capacity. The policy offers a wide range of coverage to the members including the following: Directors and Officers employed by the organization Directors and Officers of subsidiary companies Non-executive […]

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