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Is D & O liability insurance done at policy bazar and what is the procedure and documentation required for the same
Hi Sonica, thanks for reaching out. Directors and officers' liability insurance is a form of liability insurance that covers the directors and officers of an organization, as well as the organization(s) itself. It provides payment for damages or advances defense expenses if the insured suffers a loss as a result of legal action for suspected unethical or unlawful conduct. Defense costs arising from criminal and regulatory investigations, as well as trials, are covered. The majority of criminal and civil proceedings are filed against directors and executives at the same time. Although foreign criminal acts are not normally covered by directors' and officers' liability policies.
Please visit the following link to know more about Directors' and officers' liability insurance
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