Directors & Officers Liability Insurance
This policy provides coverage for claims brought against directors and officers of a company for actual or alleged breach of duty, neglect, misstatements, errors, or omissions. The coverage includes the advancement of defence costs granted prior to the final disposition of a claim for individuals when the corporation cannot provide such costs. It also covers reimbursement for indemnification of directors and officers for any judgments, settlements, and defence costs associated with covered claims when the company has indemnified the insured for loss.
