Your directors and officers keep your company moving. Don't let your upper management and their families take the fall of an alleged mishap or mismanagement, potentially putting personal assets at risk. Directors & Officers Liability covers upper management from being held personally responsible for alleged litigation or lawsuits.
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Disclaimer:
The definitions are only a general description of the coverage.
You must read your policy for actual definitions, limitations, and coverage limits as each has their own language and coverage limits.