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The following article is provided courtesy of the Professional Liability Underwriting Society:
Am I Covered? Will You Have D&O Insurance When You Need It? - A primer on purchasing D&O insurance. The market of late has made it difficult for some directors and officers to get insurance coverage. This article explains what you need to know to secure the right coverage for your company.
The mission of the Professional Liability Underwriting Society is to enhance the professionalism of its members through education and other activities and to responsibly address issues related to professional liability. If you are interested in becoming a member of PLUS, please visit their website at www.plusweb.org.
This information is for illustrative purposes only and is not a contract. It is intended to provide a general overview of the plan described. Please remember only the insurance policy can give actual terms, coverage, amounts, conditions and exclusions. Program availability and coverage are subject to state regulatory approval.
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