Directors & Officers Insurance (D & O)
Officers Liability Insurance provides financial
protection for the directors and officers of your
company in the event they are sued in conjunction with
the performance of their duties as they relate to the
company. Think of Directors and Officers Insurance as a
management Errors and Omissions policy.
Directors & Officers Liability Insurance can usually
include Employment Practices Liability and sometimes
Fiduciary Liability. The former involves harassment and
discrimination suits, and is where the majority of your
exposure will be.
Directors and Officers Insurance is often confused with
Errors & Omissions Liability. The two are not
synonymous; Errors & Omissions is concerned with
performance failures and negligence with respect to your
products and services, not the performance and duties of
management. Generally it is a good idea to carry both
Directors and Officers Liability Insurance and Errors
and Omissions Liability Insurance.
D&O Insurance can be purchased for both for-profit and
non-profit companies such as charities and research
How Much Does Directors and Officers (D&O)
While every policy and
organization are different, ballpark premium pricing for
directors and officers (D&O) premium starts at $1000.00
for a $1,000,000 limit per occurrence and in the
aggregate with a deductible of $1,000 per occurrence.
Higher limits and deductibles are available.
Please note each D&O application is separately
underwritten and priced primarily based on type of
organization, exposure, services offered and safeguard
procedures in place, to mention only a few.
Although we do our best to give you the cheapest rate
possible, we also want to give you the best policy
Emporium’s brokerage team contacts all markets on your
behalf to provide the lowest priced D&O insurance
premium and best coverage option for your organization.
D & O Insurance for Business
D & O Insurance for Non-Profit