What is the importance of retroactive date in liability insurance?

The retroactive date in a liability insurance policy is either –   Date from which you have held uninterrupted insurance cover (despite changing insurers on renewal) or Date from which your insurer has agreed to provide   The retroactive date in liability insurance is important because it determines how far back in time an incident can occur for […]

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How to choose the right insurer to buy a Director’s and Officers’ Liability insurance from?

  A Director’s and Officers’ Liability Insurance provides directors and officers unmatched coverage to organizations and their key personnel against third-party liabilities. If they commit mistakes or neglect important details, they might suffer a liability claim from third parties. When such a claim arises, the D&O policy provides much-needed financial security. Moreover, the D&O policy […]

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Are Directors & Officers personally liable For Company Debts?

Investors frequently require the Directors and Executive officers to be covered under protective insurance. This ensures that the company does not suffer any monetary losses arising out of an alleged act of the director. Investor directors are also concerned that they may face litigation because of their role in company boards. The awards by the […]

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