Directors & Officers Liability:
This coverage provides insurance protection for directors, officers, volunteers, employees, and for the organization. 

The basis for such claims is an allegation of "Wrongful Acts" against the insureds individually or the organization.

"Wrongful Acts" means any actual or alleged act, error, omission, misstatement, misleading statement, neglect or breach of duty by the directors, officers, or the organization in the discharge of their duties.

If a claim or lawsuit is filed against the insureds, the insurance company has the right to settle and provides coverage to defend the insureds against the claim or suit.

** Disclaimer Notice **
This basic information has been prepared as information only!  The actual insurance policies are subject to definitions, exclusions, limitations and various other terms and conditions.  This information does not amend, extend or alter the coverage afforded by the actual policies.


  D & O Specimen

Claims?  Incidents?  Questions?

James R. Favor & Company, LLC
14466 East Evans Avenue
Aurora, CO 80014-1409

(303) 750-1122  •  FAX (303) 745-8669   •  Twitter: @FavorAndCompany
Facebook: JRFCo