Most company's Articles of Association undertake to protect their directors, should they be investigated or sued, for the way in which they ran the company's affairs. Directors Liability Insurance provides the company with the financial support to do this.
Without insurance protection a company is left to fund a director's defence from its own resources. If the company is unable to do this then the director is left to pick up the cost from personal resources.
Directors Liability Insurance is a legal defence insurance policy that provides a company with the financial assistance to fund the defence of its directors and some
It can also provide some cover for the company itself if it is named in certain types of litigation or investigation.
