Buy Insurance, The Smart Way.
Insure your tomorrow with our 12+ years of expertise and 25,000+ satisfied clients.
Contact Us
Quick, Easy & Hassle Free
100% Claims Support
Insure your tomorrow with our 12+ years of expertise and 25,000+ satisfied clients.
Contact Us
Directors & Officers (D&O) insurance is a form of liability insurance that provides coverage and protection to directors, officers, and employees of a company against claims that may arise from decisions and actions taken while performing their duties. It covers legal defense costs and other expenses incurred by the company to defend individuals against lawsuits.
Directors and officers can be sued or accused of wrongful acts such as breach of duty, breach of trust, misstatements or misleading statements, defamation, libel or slander, acts of omission or negligence. It can also cover claims related to employment processes or inappropriate workplace conduct, such as discrimination, retaliation, defamation, failure to promote, sexual harassment, among others. Additionally, D&O insurance can provide coverage solely based on an individual's status.
Companies, whether private or public, that have a corporate board or advisory committee should consider obtaining a D&O policy to protect their directors, officers, and employees.
Directors and officers are legally obligated to fulfill their duties towards various stakeholders, including shareholders, employees, creditors, customers, competitors, and government or regulatory bodies.
In case of any breach or failure to perform their duties, directors, officers, and employees may face claims resulting from wrongful acts, which can lead to various expenses, including defense costs, damages, compensation, and other incidental costs. These claims can have a negative impact on a company's growth and performance..
Directors & Officers Insurance can provide protection against such expenses, losses, and claims.
The following are exclusions of the policy:
Covers company under Employment practice liability (EPL) from wrongful acts arising out of allegations and legal suits related to employment process or inappropriate workplace conduct such as sexual harassment, gender or caste discrimination, retaliation, defamation, failure to promote, etc.
Impact damage of any kind, i.e. damage caused by impact of, Covers costs incurred by the insured company in defending such individual against losses.falling trees, aircraft, wall etc.)
Covers Directors and officers for claims where the company refuses to or is financially unable to pay for loss and the Directors and officers have to protect themselves, against demands, legal suits, allegations
The following are exclusions of the policy:
Claims related to bodily injury and property damage.
Salaries, wages, personal expenses, benefits, or overhead expenses of an insured person are not covered.
Claims arising from public or private offerings of securities.
Claims related to crime, fraud, and personal conduct.
Claims made by major shareholders against other insured persons.
Contact us
Best Price
Quality Service
Good Support
Satisfaction
