Directors & Officers Liability Insurance
Personal Asset Protection for Corporate Directors, Executives & Board Members
Directors & Officers (D&O) Liability Insurance protects corporate board members, executives, past/present/future directors, and trustees against personal financial losses resulting from actual or alleged wrongful acts, errors, omissions, misstatements, or neglect while serving the entity.
Available since the early 1960s, D&O insurance shields personal assets of directors from lawsuit damages, legal defense costs, investigation fees, and official inquiry representation expenses.
Directors & Officers Liability Insurance Details & Add-On Covers
What Is at Stake & Who Is Covered
- * Protects personal assets of Directors & Officers from financial losses
- * Covered Persons: Past, present & future directors, honorary directors & trustees
- * Entity Cover & Corporate Reimbursement for entity-paid claims
- * Covered Losses: Judgements, settlements, defense costs, pre & post judgement interest
- * Punitive / Exemplary damages (where insurable under Indian & International law)
Scope of Wrongful Acts & Legal Liability
- * Covered Acts: Actual or alleged errors, omissions, misstatements, misleading statements, neglect or breach of duty
- * Third-Party Damages & Claimant Costs/Fees in accordance with Indian/other Law
- * Defence Costs incurred for investigation, defense, or settlement of any claim
- * Representation Costs incurred at any official Inquiry or regulatory proceeding
Key Benefits & Highlights
What Is Covered Under Directors & Officers Liability Insurance
- Errors, Omissions, Misstatements & Neglect while acting for Entity
- Shareholder, Regulatory & Employee Litigation Defense Costs
- Investigation, Defense & Settlement Expenses for Claims
- Representation Costs at Official Inquiries & Judicial Hearings
- Corporate Reimbursement to Company for Indemnified Directors
Why Choose Dattani Insurance for Directors & Officers Liability Insurance?
With over 20 years of risk management experience led by Chief Insurance Advisor Jay Dattani (United India Insurance Co. Ltd.), we prioritize honest, need-based advising over selling generic policies. We guide you through policy comparison, optimal sum insured valuation, and dedicated claim settlement assistance.
Frequently Asked Questions
Who is covered under Directors & Officers Liability Insurance?
Past, present, and future directors, honorary directors, trustees, officers, and the corporate entity itself (Corporate Reimbursement).
What type of wrongful acts are covered under D&O Insurance?
Actual or alleged errors, omissions, misstatements, misleading statements, neglect, or breach of duty committed in their capacity as directors/officers.
