Protect Your Directors and Board Members with Directors & Officers Liability
Directors and board members serve as trustees to a business; they oversee the business activities and act in good faith to ensure its smooth operation. They are often held responsible for the business when something goes wrong, even if it is not caused by them. You don’t have to expose your board members and directors to such troubles, the Co-operators Directors & Officers Liability is the right option for you.
Directors & Officers Liability is designed to provide a robust protection to your board members against any form of lawsuits made against the organization. This coverage is relevant for all businesses whether educational institutions, religious organizations, charity group, family-owned businesses and others.
What Directors & Officers Liability Includes
The Director & Officers Liability covers any form of financial loss that may be due to your fault or someone else in your company. It also covers the legal defense costs. This prevents your directors and offers from facing personal liability due to the corporate or business liability.