Direct your business to a safer future
Directors and Officers face a broad level of exposure. Claims can arise from many sources: employees, customers, shareholders and many more. Regardless of your company’s size, the legal cost to defend a director can be substantial, as are the potential penalties that can be personally incurred. At Plan, we work with leading insurers to provide you with comprehensive protection, tailored to meet your specific needs.
You will benefit from:
- Competitive premiums from leading insurers
- Cover tailored to your exact requirements
- Award winning customer service and specialist advice
PLAN’S GUIDE TO DIRECTORS & OFFICERS INSURANCE
D&O Liability insurance offers financial protection to directors and officers of a company. This could cover the cost incurred should they be sued by a potential party for wrongful acts.
If you have a business that includes senior management such as directors and officers, then you should consider taking out a D&O policy. This could protect you and your senior staff from personal losses suffered from claims of a wrongful act whilst carrying out their duties.
D&O insurance isn’t usually relevant to sole traders although if you have a business which includes senior management then you may want to consider taking out D&O cover.
Directors and Officers liability insurance can help protect the assets of corporate directors and officers if they are sued by employees, customers or other parties for wrongful acts whilst managing a company.