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Directors and Officers Insurance Canada
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Directors and Officers Insurance Canada offers
liability coverage that is designed to protect past,
present and future directors and officers of companies.
This coverage provides protection against damages
stemming from any acts committed during one's time as director
or officer. This involves any event that actually occurs
or is alleged including error, omission or breach. It is
even possible to get Directors and Officers Insurance
policies that expand to cover some employees. This
type of liability insurance should be purchased once a
board of directors is constructed.
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What Companies Require Directors and Officers Coverage?
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All publically traded companies should have this
liability insurance. However, even privately
owned companies can benefit from the purchase of
Directors and Officers Insurance.
Why Purchase This Type of Policy?
Claims from employees or shareholders can be
devastating to your company, with directors and
officers often held liable for alleged mishaps.
However, Directors and Officers Insurance offers
protection from substantial lawsuits.
If you would like to know more, please call.
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604 648 8622
