All Topics / Legal & Accounting / What is D&O insurance ?

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  • Profile photo of WallFlowerWallFlower
    Member
    @wallflower
    Join Date: 2004
    Post Count: 205
    May 25, 2004 - 11:40 am

    Anyone know what:
    Director and Officer insurance under the Corporations Law is?

    Profile photo of IbuycashflowIbuycashflow
    Participant
    @ibuycashflow
    Join Date: 2004
    Post Count: 274
    May 25, 2004 - 9:25 pm

    It’s a liability insurance taken out to protect director’s and officers of a company in case they get personally sued during the course of their employment. Often includes a number of exclusions.

    Were you thinking of taking out a policy for yourself?

    Jeff

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