Reliance General Directors & Officers Liability Insurance

Reliance General Insurance Company Limited is a private general insurance providing company in India. The company has a huge customer base that includes multiple corporates and SMEs. As per IRDAI, the claim settlement ratio of the company in 2021-22 was 98.65%.

Mobile number

We don't spam

Reliance General Directors & Officers Liability Insurance

Directors & Officers Insurance policy provides coverage for the following perils:

Defense and Legal Costs
Expenses incurred in legal representation

Claims arise due to wrongful acts in the capacity of directors and officers of a company. However, here are a few incidents that can lead to litigation on the directors and officers. They are as follows:

Compliance with various legal statutes
Corporate Governance requirements
Management integrity issues
Auditing and Accounting practices
Mergers & Acquisitions
Listing of stock or debt on a stock exchange
Breach of duty to minority shareholders
Irregularities in securities issues
Employment irregularities/harassment

Reliance General Directors & Officers Liability Insurance: Exclusions

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

Contractual liability
Bodily Injury and Property Damages
Professional Services
Consensual claims
Pollution liability
USA Insured Vs. Insured
Dishonesty

Reliance General Directors & Officers Liability Insurance: Add-ons

The insurance company provides several add-ons under this policy. The customer can purchase the below-mentioned add-ons by paying an additional amount:

Pollution Defense Costs for non-indemnifiable losses
Shareholder Pollution Actions
Retired Directors or Officers
Occupational Health & Safety Defense Costs
Emergency Defense Costs
Bilateral Extended Reporting Period
Spouses, Heirs & Representatives

Reliance General Directors & Officers Liability Insurance: Claim Process

In order to raise a claim under this policy, kindly follow the below-mentioned steps:

If a customer files a case against the policyholder, they should immediately notify the insurer.
The insurer should be asked for a claim form, which must be filled out, signed, and submitted with the necessary documents.
In the event of the policyholder receiving a legal notice, the insurer must be informed.
Additionally, the insurer should be notified if any legal proceedings have been initiated in court.
The insurer will dispatch a surveyor to assess the situation and gather more information.
Once the insurer is satisfied with the information provided by the policyholder, they will process the claim and settle it accordingly.

Reliance General Directors & Officers Liability Insurance: Documents Required

While raising the claim under this insurance policy, the insured will have to submit the following documents along with the claim form:

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

FAQs

Ques 1: What factors should I consider when selecting a Directors and Officers liability insurance provider in India?

Ans: When selecting a Directors and Officers liability insurance provider in India, it is important to consider the insurer's reputation, financial stability, policy features, pricing, and claims handling process. It is also recommended to read the policy terms and conditions carefully before purchasing.
Ques 2: What is the claims process for Directors and Officers liability insurance in India?

Ans:The claims process for Directors and Officers liability insurance in India typically involves notifying the insurer of the claim, providing all relevant documentation, and cooperating with the insurer during the investigation and settlement process.
Ques 3: Can I add new directors or officers to my policy during the policy term?

Ans: Yes, it is possible to add new directors or officers to the policy during the policy term. However, this may result in a premium adjustment and may require underwriting approval from the insurer.
Ques 4: How much does Directors and Officers liability insurance cost in India?

Ans: The cost of Directors and Officers liability insurance in India depends on several factors, including the size of the company, the industry, and the level of risk involved.

Director Officers Liability Companies

Bajaj Allianz D and O

Future Generali D&O Insurance

HDFC ERGO D&O Insurance

ICICI Lombard D&O Insurance

IFFCO Tokio D&O

Raheja QBE D&O Insurance

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 1357 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 546 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 953 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 712 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 691 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 5147 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 457 Views

What is a CEO? (Including Roles & Responsibilities)

A Chief Executive Officer (CEO) is the highest-ranking executive in a company. Tasked with steering the...Read more

28 Apr 2025 by Policybazaar 909 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 312 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 338 Views

What is Not Covered in a Directors & Officers Insurance Policy?

The Directors & Officers Insurance is designed to provide protection to the executives of a company from the...Read more

21 Dec 2020 by Policybazaar 4670 Views

What is D&O Insurance for Startups and Why You Need It?

As a startup founder or executive, you are likely focused on growing your company and achieving success. However...Read more

01 Feb 2023 by Policybazaar 3181 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 2407 Views

Employment Practice Liability Insurance (EPLI), Is It Covered under...

EPLI stands for Employment Practices Liability Insurance. This coverage is an extension that can be included in a...Read more

12 Dec 2023 by Policybazaar 2060 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 1036 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 54 Views

What is an Executive Director?

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

19 Aug 2025 by Policybazaar 47 Views

Chief Information Officer Salary in India

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

16 Jul 2025 by Policybazaar 312 Views

CFO Salary in India

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

16 Jul 2025 by Policybazaar 546 Views

CHRO Salary in India

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

14 Jul 2025 by Policybazaar 338 Views

Chief Operating Officer Salary in India

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

08 Jul 2025 by Policybazaar 691 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 457 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 712 Views

CTO Salary in India

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

02 Jul 2025 by Policybazaar 953 Views

Chief Digital Officer Salary in India

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

01 Jul 2025 by Policybazaar 469 Views

CEO Salary in India

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

30 Jun 2025 by Policybazaar 1357 Views

How to Understand Customer Needs in 4 Steps?

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

04 Jun 2025 by Policybazaar 239 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 537 Views

What is Greenwashing?

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

03 Jun 2025 by Policybazaar 197 Views

How Does Leadership Communication Impact Shareholder Confidence?

Shareholder confidence goes beyond numbers; it can shape your...Read more

21 May 2025 by Policybazaar 218 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.