As a Director or Officer of an organization, you deliver skilled services and offer specialized advice. The expectations on you are for the highest possible standards. It’s more crucial than ever to safeguard you, your directors and officers and your organization from allegations of negligent acts. Directors and Officers liability insurance protects against these threats, whether or not they have merit. Directors and Officers liability insurance generally provides the following coverage.
- Employment Practices
- Inducing Breach of Contract
- Tortious Conspiracy
- Misrepresentation/Non Disclosure
- Breach of Duty of Care
- Fiduciary Mismanagement, and Bankruptcy claims (unpaid wages, unremitted source deductions, GST and PST)
For non-profit directors and officers, if you hold a position within a professional association, community service group, private school, charitable organization, sports or social club, you need to protect yourself, your organization and its directors and officers.
Monica Dale, our Commercial Account Executive is an expert in this type of coverage.Find Your Broker