Directors and officers of private companies potentially face unlimited personal liability if they are sued. As a result, directors and officers of private companies often make the purchase of Director and Officer Liability Insurance a priority. A robust D&O insurance policy can then, in turn, be used to recruit and retain excellent directors and officers for the benefit of the company and its shareholders. Unfortunately, every D&O insurance policy contract is different. It is all too easy to pay too much for a D&O insurance policy that does
surprisingly little.
Download PDF