The Directors & Officers Liability Insurance policy guarantees Individuals of the Directors’ board, the administration, and employees in an organization, against individual responsibility and protection costs, brought about by claims charging them to have committed an unfair demonstration in the line of their obligations for the organization. The coverage for a Directors and Officers Coverage includes the loss incurred by an insured individual for any wrongful doings, the loss incurred by a company for an unfair act, or even defense costs experienced in respect to the claim as mentioned in the terms and conditions of the Insurance policy. The policy can be extended to Spouses and Executors, Outside Directorship, Inquiry Representation Costs, Former Directors and Officers, Pollution Defense Costs, Shareholder Pollution Claims, New Subsidiaries, and also any Extended Policy periods.
If any such claims arise with the wrongdoing of anyone working in a firm, the insured individuals and employees working in the firm will get a whole coverage against the claim put on them.
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