At AWG Insurance Brokers, we know that close and effective relationships matter and we are committed to a long-term relationship as your trusted insurance broker.

  >    >  Liability  >  Directors and Officers Liability

Directors and Officers Liability

$100.00

A D&O Insurance is a liability insurance which pays the directors and officers of a company,  as indemnification/reimbursement for losses or defense costs in the event an Insured individual suffers such a loss as a result of a wrongful act, which the company does not indemnify the Directors and Officers.

Meaning, this policy helps the Insured individual pay for legal defense expenses which are not covered by the company.

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. Intentional illegal acts, however, are typically not covered under D&O policies.


Features
Policy coverage features include: World-wide coverage, Broad definition of Insured Person, Extended claims definition, Expanded definition of loss, Advancement of defense costs, Final adjudication language, Directors/officers retain duty to defend, No enforced settlement/senior counsel clause.
Enhance your coverage
We are happy to provide a free consultation on the different coverage under this insurance.
Find a Broker

To know more on Directors and Officers Liability Insurance, please contact us at awg@awginsurance.com, leave a message below, or call us at 6294 6688 for a free consultation.
SKU: LI-4 Category:

Product Description

A D&O Insurance is a liability insurance which pays the directors and officers of a company,  as indemnification/reimbursement for losses or defense costs in the event an Insured individual suffers such a loss as a result of a wrongful act, which the company does not indemnify the Directors and Officers.

Meaning, this policy helps the Insured individual pay for legal defense expenses which are not covered by the company.

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. Intentional illegal acts, however, are typically not covered under D&O policies.

 

The policy pays for expenses including Defense Costs, Legal Representation Expenses; Damages, Permitted Fines and others as provided by the policy.