Director’s and Officers Liability Coverage Part Six
Posted by Premier Risk Management Admin on June 27, 2009 · Leave a Comment
As you may have gathered by now, you’ll want to shop around, and negotiate your coverage – insurance carriers and underwriters want your business. Keep that in mind and know that everything is negotiable.
As you can see, there are many issues to be considered when buying protection for officers and board members.
There are many more coverage concerns in addition to the ones mentioned above that should be addressed as well.
It is in the best interest of the board to have an assessment of what it is that is important to them in terms of appropriate D&O coverage aspects and then to purchase a policy with the terms and conditions that will meet those needs.
This concludes our series. See our Director’s and Officers Liability Coverage tag to read the entire series.