Directors and officers coverage responds to claims against board members over their decisions.
What it generally covers
- Claims against directors and officers
- Legal defense
- Entity coverage, when included
Where gaps often hide
- Claims-made timing
- Whether volunteer board members and managers are insured
- Exclusions for certain conduct and disputes
Questions worth asking
- Who is covered?
- What are the exclusions?
- Is defense inside or outside the limit?
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General information only. Actual coverage depends on your policy, and coverage is not in force until confirmed in writing by the agency.