Does Your Business Need Directors and Officers Insurance?
As a business owner, your main priority is protecting the future of your company. However, it’s also crucial for you to protect yourself, the directors and the officers of your business. Lawsuits from customers, employees, or stockholders may not be made against just the company itself, but also against the directors and officers. If one of these individuals gets sued as a result of something he or she did as part of their duties to the company, a directors and officers (D&O) liability insurance policy can help alleviate the financial burden of these issues.
Clark Insurance has been providing insurance coverage to businesses in Maine and New Hampshire since 1931. That means we have extensive experience protecting businesses such as yours. Our knowledgeable team will work hard to get to know your business’ unique liabilities, and then create a D&O insurance policy that makes sense for you and your budget.
We can help protect your top employees from a variety of liabilities.
Since directors and officers can sometimes be held accountable for the acts of the company as a whole, this type of liability insurance can help protect your business’ executives by offering coverage for a variety of actions or alleged actions, including:
Breach of fiduciary duty
In the event of the above situations, a D&O insurance policy can help cover the costs of defense expenses, settlements, and other financial losses that may arise. Start protecting your executives today with liability coverage from Clark Insurance! In addition to directors and officers packages, we also offer E&O insurance and professional liability insurance.
Get started with Clark Insurance today by filling out our no-obligation online quote form. To speak directly with one of our agents, please call our Portland, ME office at (207) 774-6257, our Manchester, NH office at (603) 622-2855 or our Lowell, MA office at (978) 459-0505.