Financial Protection in The Event of a Lawsuit
Directors & Officers Insurance (D&O) is a type of liability coverage that provides protection for the
board members, officers and directors of your company or organization from lawsuits that can arise from
them performing their duties.
This type of coverage protects their personal assets and is becoming more the rule than the exception with larger businesses and organizations. Neshobe Falls Insurance can help evaluate whether this type of indemnity coverage is appropriate for your situation. With the number of lawsuits in our society it is becoming more important to evaluate whether it is a necessary protection for your top-level decision makers.
Some of the risks to consider are:
- Legal defense costs
- Legal Representative Expense
- Costs arising from extradition proceedings
- Civil Fines / Civil Penalties
- Bail Bond Costs
We invite you to consult with one of our Directors and Officers Liability advisors to learn more about your Directors and Officers Liability options.