Business Insurance Directors & Officers Insurance For Small Business
Directors and Officers Liability Insurance (often called D&O) is liability insurance payable to the directors and officers of a company, or to the organization(s) itself, as indemnification (reimbursement) for losses or advancement of defense costs in the event an insured suffers such a loss as a result of a legal action brought for alleged wrongful acts in their capacity as directors and officers. Such coverage can extend to defense costs arising out of criminal and regulatory investigations/trials as well; in fact, often civil and criminal actions are brought against directors/officers simultaneously.
Directors and Officers insurance for small business is usually purchased by the company itself, even when it is for the sole benefit of directors and officers. Reasons for doing so are many, but commonly would assist a company in attracting and retaining directors.
InsureYourcompany.com is able to provide Directors and Officer coverage for Public and Private companies, For Profit and Not for Profit operations.
Please call to obtain more information regarding this company protection.
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