A directors & officers liability policy can protect your organization's leaders. In most cases, personal liability and umbrella insurance policies will not cover everything.
Directors & officers liability coverage can help to close this gap, protecting your board of directors and your organization in the event of a claim.
Say for example- the executive director of a daycare center is fired due to unauthorized spending and the center is sued for wrongful termination resulting in a $75,000 settlement in favor of the former director. A directors and officers liability policy could fully cover your organization.
Policies offer a free 90-day discovery period.
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