IIFFCO Tokio Directors & Officers Insurance is designed to protect individuals in leadership roles from personal financial losses arising due to legal actions taken against them in their managerial capacity. This policy ensures that directors and key personnel can perform their duties without the constant fear of litigation impacting their personal assets.
IFFCO Tokio's Directors & Officers (D&O) Insurance offers several features tailored to meet the unique needs of corporate leaders in India. Let's take a look at them:
The IFFCO Tokio Directors & Officers Insurance encompasses a range of inclusions that provide comprehensive protection. Here are a few of them:
Disclaimer: This is not a comprehensive list. Always read the full policy wording carefully for a complete list of inclusions.
While the policy offers extensive coverage, certain exclusions apply, which are as follows:
Disclaimer: This is not a complete list. Please read the full policy document for detailed terms and exclusions.
Filing a claim under the IFFCO Tokio D&O Insurance involves a systematic process:
Ans: Individuals holding positions such as directors, officers, and key managerial personnel in organisations are eligible for this insurance.
Ans: Yes, the policy allows coverage for individuals holding directorships in up to three different organisations under a single policy.
Ans: Yes, retired directors receive lifetime coverage, ensuring protection against claims that may arise post-retirement.
Ans: Yes, the policy covers defence and legal costs incurred due to claims made against the insured individuals.
Ans: Claims can be registered by contacting IFFCO Tokio through their toll-free number or email, or by visiting the nearest branch office.
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