Private Companies need Directors & Officers Liability Insurance Too!
- Directors & Officers risk their personal assets- they are personally liable for their business decisions. They can and are sued as individuals.
- Fiduciaries of Pension and Benefit plans are personally for their decisions as well as for the actions of outside providers.
- Can a small company bear the financial impact of unexpected and costly Directors & Officers, Employment Practices or Fiduciary claim?
- Private Companies face claims from their employees, customers, suppliers, competitors, lenders, and shareholders.
Broad Coverage Features Include:
- Offers Directors & Officers Liability and Employment Practices Liability coverage with separate limits.
- Unlimited Employment Practices Liability defense outside of the EPL limit for firms with up to 200 employees.
- Employment Practices Liability automatically includes Third Party Sexual Harassment coverage
- Optional Third Party Discrimination coverage available for most classes.
- Entity coverage is automatically included
Expanded Employment Practices Liability includes 12 named perils including employment claims arising from use of the insured’s internet or email system
- Unlimited Extended Reporting Period for former Directors & Officers
- Automatic coverage for service on outside 50©(3) non-profit boards
- Punitive Damages coverage included automatically where insurable
- Optional Fiduciary Liability coverage extension available, automatically includes Employee Benefits Liability coverage
- Optional standalone Directors & Officers Liability Insurance policy
- Free human resources consultation help line with unlimited call access
Please Note: coverages may vary according to class of risk and market conditions