Why D&O Insurance is Crucial for Protecting Directors and Officers of Indian Organisations?

Doctor and officer liability policy is a crucial insurance. It protects the interest of directors and officers of a company and organisation. The policy aims to safeguard the potential legal liability of the top-level management. Director's and officer's insurance policy provides an attorney in case of a lawsuit. It further indemnifies the management against the judgment or decree passed by the court or tribunal. Therefore, a policyholder must understand the importance of D&O insurance for directors and officers of Indian organisations.