Directors and Officers Insurance (D&O), covers a myriad of things. They are designed to cover personal losses in the instance that they are sued personally as part of their organizational management. Additionally, a D&O insurance policy can be used to cover legal fees and sometimes settlement costs that come as a result of any legal action. D&Os can be obtained by organizations of all sizes for employee coverage.
These policies offer coverage against different claims such as: misinterpretation, stealing of the company’s intellectual property, or improper use of company monies.
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