Who needs directors & officers insurance?
- Any organization governed by a board of directors (i.e., non-profits, public or private sector businesses, large commercial enterprises)
What is the difference between occurrence-based policies and claims-made policies?
An occurrence-based insurance policy protects against incidents occurring during the policy period, regardless of when the claim is reported.
A claims-made insurance policy only provides coverage for incidents that happen and are reported while the policy is still active.
What’s not covered by D&O insurance?
Like most insurance policies, there are some exclusions for D&O Insurance. A D&O policy does not cover criminal acts, intentional non-compliance, bodily injury, and property damage, to name a few. Our Trigon brokers can provide you with more details on the coverage offered by a D&O policy.
Questions? Let us help you.
Speak with a broker to learn more about directors & officers insurance.613-526-1184