Directors & Officers Insurance (D&O) is a type of liability coverage that provides protection for the board members, officers, and directors of your company or organization from lawsuits that can arise from them performing their duties. At Michigan Insurance and Financial Services, we work with leading carries to produce a plan that is catered to your business' unique needs and goals.
This type of coverage protects personal assets and is becoming increasingly more common to insure. Our licensed agents at MIAFS can help evaluate whether this type of indemnity coverage is appropriate for your unique situation. During your initial consultation with us, we will consider many types of risks including:
- Civil fines
- Attorney expenses
- And More
Although D&O insurance is not always required, some businesses may require you to have Michigan D & O insurance. With the amount of lawsuits in our society today it's becoming increasingly important to evaluate your risk level and whether it's a necessary protection for your top level decision makers.
For more information on Michigan Directors and Offices Insurance, call or contact MIAFS today!