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Directors and Officers Liability Insurance

Directors and Officers Liability, D&0, is a liability that protects the directors and officers of a company to cover damages or defense costs in the event of such losses stemming from lawsuits. Fidelity Insurance Group advises D&O policies when companies set up a board of directors or meet with investors. Oftentimes, investors, especially venture capitalists will require that you show Directors & Officers Liability insurance as part of the conditions for funding. If you have great expectations for the future of your company, then now is the best time to invest in a D&O policy.

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Why You Need Directors and Officers Liability Insurance

Protect yourself from claims made from stockholders, employees, and clients with a comprehensive D&O policy. If a claim is made, the director may be held responsible from said acts. Oftentimes, the director in question will demand protection rather than placing his or her personal assets at stake. That’s where this type of insurance policy comes into play. You can protect your company’s financial state and your employees with just one simple coverage policy. Don’t look back and wish you had a D&O policy when it’s too late – take the time to insure your business now from costly claims that could come tomorrow.

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