Cover the cost
When you are a director, partner or office of a company, you are responsible to employees, investors, regulators and members of the public. Claims may be made against you after certain actions are carried out, or when specific omissions are made. When you have the right insurance in place, you can fund the costs of employment claims, health and safety and, in worst-case scenarios, manslaughter claims. You may also get cover for claims arising from defamation, negligence or breaches of duty or trust. Other wrongful acts that may lead to claims include errors, misleading statements and wrongful trading.
