Lone Star National Bank
Directors & Officers Liability Insurance
Provides coverage for a company against financial harm from directors or officers.
Individuals who serve as directors or officers of corporations are acting in a fiduciary capacity in that they are responsible for managing the affairs of the organization and must act with due diligence. If the absence of such care causes a loss for the organization or its shareholders or even its creditors, the directors and officers can be held personally responsible. D&O insurance provides coverage for the company, its directors, its managers and officers, and its employees for suits alleging that they were not prudent in their decision making causing financial harm.
Call our insurance agents today to find out how to apply for Directors & Officers Liability Insurance.
