Florida Beach Insurance – Directors and Officers

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If you have an incorporated business with an established board of directors and officers, D&O (Directors and Officers) insurance is what you need to ensure that your board members are covered in case unfavorable actions are committed while they are serving on the board. It is also a good idea to make sure you are covered if you are an individual who serves on a board of directors.

Why is D&O Insurance Coverage Necessary?

More and more often executive boards are finding themselves in the crosshairs of lawsuits. Keep in mind that D&O insurance does not cover any act deemed criminal, however, attorney fees may be covered until and if the act has been deemed criminal.
Contact Marvel Insurance today and speak to one of our Florida insurance agents about getting you the appropriate D&O coverage. It will be important for your board of directors to review the process and policy details to ensure you have the best coverage.