directors and officers liability with optional entity and employment practices cover
This policy covers the personal assets of the directors and officers of private companies. It offers the option to include full limits corporate liability (entity cover) and up to a maximum of £1m employment practices liability.
product overview
- Directors and officers legal liability with any one claim policy limits
- Corporate reimbursement
- Corporate liability (entity) extension available up to the full policy limit
- Employment practices liability extension available with limits up to £1,000,000
- Defence costs and expenses included in the limit with no prospect-of-success requirement
- Limits of indemnity up to £5,000,000
- Zero deductible for directors and officers
- Deductible for corporate liability (entity) £2,500
- Deductible for employment practices liability £5,000
- For companies with turnover up to £100,000,000
coverage highlights
- Investigation costs and expenses
- Fidelity cover included
- Breach of contract defence costs
- Asset and liberty proceedings
- Criminal prosecutions defence expenses
- Public relations expenses
- Corporate manslaughter defence expenses
- Identity theft
- Extradition proceedings defence expenses
- Outside directorship cover
- Pollution defence expenses
- Automatic acquisition cover
- Emergency defence expenses
- Up to six years discovery period available
- Retired directors run-off cover
- Personal appointments protection for school governors or directors of charitable organisations
- Regulatory crisis costs
- Shareholders’ derivative costs
- Pension administrator’s liability for money purchase schemes
- Heirs, representatives and spouses extension