Bajaj Allianz Protect SME Directors and Officers Liability Insurance

Bajaj Allianz General Insurance Co. Ltd. is conducting general insurance business in India since May 2nd, 2001. The company is more than 2 decades old and has served more than 11 Crore customers. The company offers multiple general insurance policies. Under the SME category, the company offers D&O Insurance policy by the name of “Protect SME Directors and Officers Liability Insurance".

Mobile number

We don't spam

Bajaj Allianz Protect SME Directors and Officers Liability Insurance: Inclusions

The company provides coverage for the following perils:

The insurer will compensate to or on behalf of the insured or the company for any loss or damage arising out of any actions taken by the directors and officers during their employment.
The insurer will pay to or on behalf of an insured director or officer for any expenses incurred in legal representation during the policy period.

*To learn about the inclusions provided by Bajaj Allianz D&O insurance policy, refer to the policy wording of the plan.

Bajaj Allianz Protect SME Directors and Officers Liability Insurance: Exclusions

The insurance policy does not provide coverage for the following perils:

The insurance policy does not provide cover for any wrongful act committed by the insured with the knowledge that it was a breach of contract, statute, duty or legal obligation.
If the insured is gaining any personal profit, remuneration or advantage to which they were not legally entitled to.
The insurance plan does not provide coverage for any bodily injury, sickness, emotional distress or death of the insured.
The insurance policy will not provide coverage for any claim raised by director or officer holding 15% shares of the company.

*To learn about the exclusions under the Bajaj Allianz D&O insurance policy, refer to the policy wording of the plan.

Bajaj Allianz Protect SME Directors and Officers Liability Insurance: Claim Process

To raise the claim under this insurance policy, follow the steps given below:

Inform the insurer if any customer files a case against the insured
Ask the insurer for claim form, fill it up, sign it and submit it along with the required documents
Tell the insurer in case the policyholder receives any legal notice
Also, inform the insurer, if any proceeding has been initiated in the court
The insurer will send a surveyor to get a better understanding of the situation
Once the insurer is satisfied with the information provided by the insured, they will settle the claim.

Bajaj Allianz Protect SME Directors and Officers Liability Insurance: Required Documents

For the insurer to initiate the claiming process, insured will have to submit the following documents along with the claim form:

Copy of Aadhar card
Copy of PAN card
Address proof of the insured location/organisation
Any other documents as per the insurer’s requirement

FAQs

Q1. Does the Bajaj Allianz D&O insurance policy provide cover for the claims raised against the director or officers with holding major percentage of shares of the company</>span

Ans: No, the insurance company does not provide coverage to the directors or officers holding more than 15% of shares of the company/organisation.
Q2. If the insured commits a breach of contract and get sued for it, will the insurer provide cover for it?

Ans: No, the insurer will not provide coverage if the insured commits a breach of contract.
Q3. Will the insurer provide coverage for the legal expenses such as lawyer’s fee?

Ans: Yes, the insurer provides coverage for the legal expenses such as lawyer’s fee under Bajaj Allianz D&O insurance policy.
Q4. Does the insurer provide coverage for injury, sickness or death under D&O insurance policy?

Ans: No, the insurer does not provide coverage for injury, sickness or death under D&O insurance policy.

Director Officers Liability Companies

Future Generali D&O Insurance

HDFC ERGO D&O Insurance

ICICI Lombard D&O Insurance

IFFCO Tokio D&O

Raheja QBE D&O Insurance

Reliance D & O

View more insurers

Disclaimer: Above mentioned insurers are arranged in alphabetical order. Policybazaar.com does not endorse, rate, or recommend any particular insurer or insurance product offered by an insurer.

Commercial Insurance Products

Group Health Insurance

Marine Insurance

Cargo Insurance

Workmen Compensation Insurance

Professional Indemnity

Fire Insurance

Shop Insurance

Comprehensive Liability Insurance

Construction All Risk

Erection All Risk

Cyber Insurance

Directors & Officers Insurance

Contractor's Plant & Machinery

Office Package Policy

Group Personal Accident Insurance

Group Life Term Insurance

Drone Insurance

We don't spam

View plans

By clicking on " Check Your Premium Now " you agree to our Privacy Policy and Terms Of Use

Director Officers Liability Insurance Articles

Popular Articles
Recent Articles

CEO Salary in India

Understanding CEO salary structures in India becomes increasingly important as you navigate the corporate...Read more

30 Jun 2025 by Policybazaar 4087 Views

CFO Salary in India

The Chief Financial Officer (CFO) plays a pivotal role in overseeing a company’s financial health, regulatory...Read more

16 Jul 2025 by Policybazaar 1877 Views

CTO Salary in India

CTO salary in India is a hot topic for 2025, especially as technology becomes the backbone of business success...Read more

02 Jul 2025 by Policybazaar 2464 Views

Chief Operating Officer Salary in India

The Chief Operating Officer (COO) plays a critical role in translating a company’s vision into day-to-day...Read more

08 Jul 2025 by Policybazaar 1930 Views

Chief Marketing Officer (CMO) Salary in India

The role of a Chief Marketing Officer today goes far beyond brand campaigns. CMOs are growth architects, leading...Read more

03 Jul 2025 by Policybazaar 1794 Views

Exploring D&O Liability Insurance Case Studies

The importance of Directors and Officers (D&O) liability insurance has gained a lot of attention in India in...Read more

21 Feb 2023 by Policybazaar 5597 Views

Chief Compliance Officer (CCO) Salary in India

Chief Compliance Officer (CCO) is the senior executive in charge of managing an organisation’s adherence to...Read more

07 Jul 2025 by Policybazaar 1460 Views

Chief Financial Officer (CFO): Roles and Responsibilities

A Chief Financial Officer (CFO) is the senior executive overseeing a company's financial health. As a key...Read more

14 Apr 2025 by Policybazaar 1488 Views

CHRO Salary in India

The role of the Chief Human Resources Officer (CHRO) has evolved into a critical business function that directly...Read more

14 Jul 2025 by Policybazaar 1055 Views

Leadership Roles: Definition, Responsibilities, and Examples

When we think of ‘leadership,’ many of us instantly picture a person leading a group. While this is true in...Read more

30 Apr 2025 by Policybazaar 1045 Views

What is Strategic Decision Making?

Strategic decision-making is the process of choosing long-term goals and plans for a business or organisation. It...Read more

21 May 2025 by Policybazaar 834 Views

Chief Information Officer Salary in India

The Chief Information Officer (CIO) plays a pivotal role in shaping an organisation’s digital future. As...Read more

16 Jul 2025 by Policybazaar 881 Views

Factors that Determine the Premium of D&O Insurance Policy

Directors and Officers (D&O) insurance is a crucial component in safeguarding the leaders of an organization...Read more

23 Nov 2023 by Policybazaar 2701 Views

Executive vs Non-Executive Directors: What are the Differences?

The difference between Executive and Non-Executive Directors is a subject every business owner, board member, and...Read more

19 Aug 2025 by Policybazaar 459 Views

Common Exclusions in D&O Insurance

A D&O (Director and Officer) insurance is an insurance policy that covers damages and legal expenses for any...Read more

08 Feb 2024 by Policybazaar 2658 Views

Non-Executive Director: Roles & Duties

A Non-Executive Director is an individual appointed to a...Read more

28 Aug 2025 by Policybazaar 230 Views

Executive vs Non-Executive Directors: What are the Differences?

The difference between Executive and Non-Executive Directors is...Read more

19 Aug 2025 by Policybazaar 459 Views

What is an Executive Director?

An Executive Director is a senior leader responsible for daily...Read more

19 Aug 2025 by Policybazaar 267 Views

Chief Information Officer Salary in India

The Chief Information Officer (CIO) plays a pivotal role in...Read more

16 Jul 2025 by Policybazaar 881 Views

CFO Salary in India

The Chief Financial Officer (CFO) plays a pivotal role in...Read more

16 Jul 2025 by Policybazaar 1877 Views

CHRO Salary in India

The role of the Chief Human Resources Officer (CHRO) has evolved...Read more

14 Jul 2025 by Policybazaar 1055 Views

Chief Operating Officer Salary in India

The Chief Operating Officer (COO) plays a critical role in...Read more

08 Jul 2025 by Policybazaar 1930 Views

Chief Compliance Officer (CCO) Salary in India

Chief Compliance Officer (CCO) is the senior executive in charge...Read more

07 Jul 2025 by Policybazaar 1460 Views

Chief Marketing Officer (CMO) Salary in India

The role of a Chief Marketing Officer today goes far beyond...Read more

03 Jul 2025 by Policybazaar 1794 Views

CTO Salary in India

CTO salary in India is a hot topic for 2025, especially as...Read more

02 Jul 2025 by Policybazaar 2464 Views

Chief Digital Officer Salary in India

Digital transformation is now a core business priority in India...Read more

01 Jul 2025 by Policybazaar 1080 Views

CEO Salary in India

Understanding CEO salary structures in India becomes...Read more

30 Jun 2025 by Policybazaar 4087 Views

How to Understand Customer Needs in 4 Steps?

Understanding your customer is the foundation of lasting...Read more

04 Jun 2025 by Policybazaar 557 Views

Chief Risk Officer (CRO): Roles & Responsibilities

A Chief Risk Officer (CRO) is a C-suite officer responsible for...Read more

04 Jun 2025 by Policybazaar 890 Views

What is Greenwashing?

Greenwashing refers to an act of deceptive marketing where...Read more

03 Jun 2025 by Policybazaar 336 Views

Disclaimers⁺
⁺Premium varies on the basis of Occupancy, Business Activity & Coverage Type
By clicking on "View Plans" you agree to our Privacy Policy and Terms Of Use and also provide us a formal mandate to represent you to the insurer and communicate to you the grant of a cover.
The details of insurance coverage, inclusions and exclusions are subject to change as per solutions offered by insurance providers. The content has been curated based on the general practices in the industry. Policybazaar is not responsible for the factual correctness of these details.

Claude

Bajaj Allianz Protect SME Directors and Officers Liability Insurance

Bajaj Allianz Protect SME Directors and Officers Liability Insurance: Inclusions

Bajaj Allianz Protect SME Directors and Officers Liability Insurance: Exclusions

Bajaj Allianz Protect SME Directors and Officers Liability Insurance: Claim Process

Bajaj Allianz Protect SME Directors and Officers Liability Insurance: Required Documents

FAQs

Q1. Does the Bajaj Allianz D&O insurance policy provide cover for the claims raised against the director or officers with holding major percentage of shares of the company</>span

Q2. If the insured commits a breach of contract and get sued for it, will the insurer provide cover for it?

Q3. Will the insurer provide coverage for the legal expenses such as lawyer’s fee?

Q4. Does the insurer provide coverage for injury, sickness or death under D&O insurance policy?

Disclaimers+

When do you want a call back?

What will be the suitable time?

Tell us the number you want us to call on

Call scheduled successfully!

Disclaimers⁺