Provides coverage for Directors and Officers of a company for claims arising from allegations of wrongful acts while acting in their capacity as a Director or an Officer.
Features & Benefits
- Customization of policy in accordance to client's need
- Advancement of defense costs
- Up to US$25 million in capacity
- Expert claims handling ability
- Employment Practices Liability coverage
- Full severability
- Protects non-executive directors if policy is rescinded
- Final adjudication language
- Outside directorship coverage
- Continuous cover
- Not-cancellable except for non-payment of premium
- Worldwide territorial and jurisdictional coverage
- Future securities offering coverage