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Directors & Officers liability insurance provides financial protection for the directors and officers of your company in the event they are sued in conjunction with the performance of their duties as they relate to the company.
Directors & Officers liability insurance is essential because claims from stockholders, employees, and clients can be made not just against the company, but also against the directors of the company, who can then be held legally accountable in their own personal capacity for unlimited amounts. Because of this, many directors and officers will insist on this cover.
