Directors, Officers, & Non-Profist Liability Insurance

Directors & Officers liability insurance (often referred to as D&O coverage) is a type of liability insurance coverage for the defense costs and damages arising out of wrongful act allegations, lawsuits, and claims made against them while serving on a board of directors and/or as an officer.

Directors & Officers liability insurance can be written to cover the directors and officers of for-profit businesses, privately held firms, not-for-profit organizations, and educational institutions.

In effect, the policies function as “management errors and omissions liability insurance,” covering claims resulting from managerial decisions that have adverse financial consequences.

Directors &Officers liability insurance does not cover intentional illegal acts or wrong doings.

The specialists at Walton Insurance Group provide D&O liability insurance both state-wide in Michigan and nationally to organizations’ directors and officers as an effective way of protecting their personal assets.

Speak with an agent today to verify your coverage.  Call us direct: 517.787.2600 or contact us online.

 

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