In the event that a company is sued, directors and officers (D&O) liability insurance safeguards them.
Chiefs and officials might be sued by outside parties, like providers and clients or their workers.
The purpose of D&O insurance is to safeguard the directors’ and officers’ personal assets.
The Bottom Line: Business owners can find adequate coverage by discussing their insurance requirements with a knowledgeable insurance agent or broker.
Organizations can survey inclusion intermittently as the business advances and make changes, analyze costs, and search for the best worth.
