This coverage can also extend to the organization, as well as to other employees, while continuing to provide the necessary protection for Directors and Officers managing their organization. D&O is available to both public and private entities, including non-profit organizations. As a Director or Officer, this policy will protect your personal assets when corporate indemnification is not available to you. Plaintiffs often attack personal assets in litigation stemming from alleged mismanagement of a corporation by you or other board members. Whether damages occurred as a result of your actions, or you were an innocent party, defense costs alone can be substantial.
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