& Officers Liability
who lend their professional competence to profit or non-profit organizations
are becoming increasingly uneasy with the potential for lawsuits
that their participation in the decision making process brings.
There is a risk not only for financial damages from lawsuits and
awards but also for damage to their professional reputation.
In fact, those people who are involved in a decision making capacity,
even as an advisor, put their own personal assets at risk, unless
there is proper insurance coverage in place to protect them from
potential lawsuits and crippling legal defense costs.
Who needs coverage....?
Board Members and/or Officers of profit and non-profit corporations
are all subject to substantial risk.
Directors and Officers may be held liable for matters arising out
of decisions or actions related to, but not limited to, the following
financial reporting and decisions
and Officers Liability coverage is the usual and preferred means
to provide the necessary financial protection and resulting comfort
level needed to allow these valued contributors to our business
organizations and corporations to participate.