Do Small or Medium Business Need to buy D&O policy?

Small-scale businesses are rising in India, and several insurance plans are evolving in order to provide coverage and meet the requirement. Among all other insurances, the D&O policy is considered as the best coverage policy as it indemnifies the directors and executive officers of the company from incurring losses. It also protects the goodwill of a company in the market. Therefore, small and medium businesses need to buy D&O policies as they are crucial for the operations of large-scale industries or entities.