Directors and Officers Insurance: Key Benefits and Industry Relevance

Understand the applicability of Directors and Officers insurance, its relevance across various industries, key benefits for organizational leaders.

Frequently Asked Questions About D&O Insurance

Have questions? We are here to help

What does directors and officers liability insurance cover?

accordion icon

Directors and Officers liability insurance provide coverage to directors, officers, and other high-ranking employees against personal liability or claims due to any wrongful act or decisions. This includes Legal representation costs, Public Relations expenses and many more to which the coverage can be extended.

What is D&O insurance?

accordion icon

D&O insurance provides coverage for directors and officers of a company against claims alleging wrongful acts, such as negligence or breach of duty, which can result in legal fees, settlements, and judgments.

What are the exclusions of directors and officers liability?

accordion icon

Here are the most common exclusions under the Director & officers liability insurance -

  1. Coverage is not extended for acts of fraud, dishonest conduct or criminal act
  2. Fines, punitive damages or penalties are not covered.
  3. Property damage or bodily injury are not covered.

Is Director & officers liability insurance Mandatory for all listed companies?

accordion icon

In India, the Director & officers liability insurance commonly known as D&O insurance is not mandatory. However, as a prudent risk management approach every company can purchase the D&O insurance policy.

20,000 HRs have signed up. Have you?

What you will receive in your inbox?

👉 Guides on employee wellness
👉 Surveys and Reports
👉 Updates on free wellness
👉 Features from Champions of HR - A thought leadership initiative

Subscribe
GHI Health calculator

Make data-driven employee insurance decisions