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Directors and Officers Insurance |
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Directors and officers are quickly joining the ranks of the professional and business owner as targets for liability suits. By taking on the highly visible position of director or officer, you assume great personal risk. You could be held liable for any number of things from abuse of authority and libel to slander and financial mismanagement brought against you by shareholders, creditors, customers or employees -- to name a few.
Considering the ever increasing amounts that juries award in today's courtrooms, a liability suit could conceivably wipe out your life savings and drive you into personal bankruptcy, not to mention wreak havoc in your company. By covering the litigation costs and damages in the event you are sued, director's and officer's (D&O) insurance may save you and your company from a financial disaster.
Coverage
Designed to help protect both the
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Directors and Officers Insurance |
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