What is Directors & Officers Liability Coverage

D&O Coverage is the liability protection that is going to protect the individuals from personal lawsuits who are serving on a board of directors of a company or another organization like a nonprofit

Directors and Officers can be sued for many things but usually it happens when some sort of adverse financial consequences happens. Things like mismanagement of funds or fraud.

Every board of directors should have this and each individual who serves on that board should know if there is a policy in force.
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