

Did you know that your important role as a director, partner or managing director in your small business comes with some additional responsibilities.
A directors & officers policy covers your legal liability as a director or officer of the company if legal action is taken against you. With this type of small business insurance, you could get financial support towards legal fees if your business faces any kind of allegation about wrongdoing.
Some real examples of when you could benefit from having directors & officers insurance:
Find out more about small business directors & officers insurance below, or click here to get a quote:
D&O insurance can cover legal fees, settlements, and judgments arising from claims against directors and officers for wrongful acts. It may also cover costs associated with regulatory investigations and defence against criminal charges.
The size and nature of the business, the financial stability of the company, the industry, the number of directors and officers to be insured, and what level of coverage can all affect the cost of D&O insurance. It is good to be smart here and think about setting a higher level of indemnity if your company is a business with a lot of cash in the pot.
Yes they do. Non-profit organisations in the process of doing good need insurance cover no matter the nature of the business. The directors and partners of the business will still need to stick to the rules and regulations set out for them and having cover for defence costs, settlements and protection against allegations is a handy thing to have.