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The policy provides corporations with coverage against legal liability arising towards directors and officers as a result of their role in the organization.
About the Policy
The policy provides corporations with coverage against legal liability arising towards directors and officers as a result of their role in the organization.
Important details
Features
The policy protects company directors and officers against any claim for indemnity covered by a primary and/or underlying D&O liability policy or policies and Raheja QBE shall only be liable after the limit of indemnity of the applicable primary and/or underlying policy or policies has been exhausted and only up to the limit of indemnity as specified in the policy.
Exclusions
Primary cover and/or underlying policy exclusions.
Pending or prior claim.
Territorial cover exclusions.
Jurisdictional cover exclusions.
Fines and penalties.
Nuclear.
Breach of professional duty.
War.
