
Directors and Officers Liability Insurance aims to safeguard the personal assets of directors and officers. It offers indemnification for losses stemming from claims due to a “wrongful act” carried out by them while fulfilling their fiduciary responsibilities as company directors or officers. A “Wrongful Act” typically refers to an error, misleading statement, misconduct, omission, neglect, or breach of duty.
This is a brief overview of the coverage only, for comprehensive details on covers, please refer to your Product Disclosure Statement (PDS) / Policy Wording. A PDS is available from us.
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