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Does my organization need a directors and officers liability policy?

Many organizations have a board of directors and a staff of officers. Directors may be owners, employees, or someone outside of the organization serving in an advisory capacity. Officers are typically selected by the board of directors.

A directors and officers liability policy protects the directors and officers against liability which may be caused by their wrongful acts. Wrongful acts include breach of contract, neglect, error, omission, or any act done wrongfully by the directors or officers.

Claimants include employees, competitors, and customers. A directors and officers liability policy has a specified limit of insurance. This limit of insurance protects the company when lawsuits are filed against the directors and officers for wrongful acts.

Discuss your business insurance coverage needs with Your Friends In The Insurance Business at Ieuter Insurance Group.

For all your insurance needs, visit us at

Ieuter Insurance Group - 414 Townsend St Midland MI 48640

(989) 487-1758

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