Protecting Your Business Interests
Directors and Officers Liability Insurance Is a type of office insurance which is sometimes called D&O are payable to the directors and officers of an organization or the organization itself for costs due to an event by its directors or officers.
D&O Liability Insurance covers legal actions such as criminal, civil or administrative actions brought against it by the actions of its directors or officers. D&O Liability Insurance also covers actions brought by shareholders as plaintiffs for poor performance, wasted assets or other infractions. This type of office insurance is key in many organizations including business, non profits.
E&O or Errors and Ommissions is similar to a D&O office liability policy except it is often used for professionals for their services, including but not limited to Realtors, Insurance Agents, as well as Medical Malpractice for medical professionals.
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