An Article outlining important questions to consider before buying (or advising your client on buying) D&O insurance.
Purchasers of directors and officers (D&O) insurance policies often focus on the wrong things. Premiums, of course, are an important consideration. But when it comes to policy terms, purchasers too often rely on general checklists or brief summaries.
That is a little like buying a suit without ever trying it on, just because it is on sale. Protection, not just price, should be an important consideration. And D&O policies are not “off the rack” products; they usually have custom features. These 15 questions about D&O policy terms will help a company and its directors and officers get the right protection.
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