|
(888) 553-0021
|
|
|
|
|
|
|
|
Dover Delaware
Contractor Insurance Glossary
|
|
|
Directors and Officers (D&O) Liability Insurance
Insures corporate directors and officers against claims, most often by stock holders and employees, alleging financial loss arising from mismanagement. The policies contain two coverages: the first reimburses the insured organization when it is legally obligated (typically by a corporate charter or state statute) to indemnify corporate directors and officers for their acts; the second provides direct coverage to directors and officers when the organization is not legally obligated to indemnify them. In addition, a third type of coverage, known as entity securities liability insurance is usually available on an optional basis, for additional premium. Such coverage insures the corporate organization in connection with securities it has issued. D&O forms are written on a claims-made basis, generally contain no explicit duty to defend the insureds, and typically exclude intentional/dishonest acts and bodily injury and property damage.
|
|
Call us at (888) 553-0021 or
contact us for answers to your Dover contractor insurance questions.
|
|
|
|
|
|
|
Tell Us About Your Operations
|
|
Work Percentage (Must Equal 100%)
|
|
|
|
|
Provide detailed description of your contracting
operations. The more complete the description, the more accurate your quote will
be.
|
|
|
|
|
|
|
|
|