I’m a Director, Is Director’s Insurance Mandatory?

Insuring directors with a Directors Liability Insurance is often considered a prudent move for any company. With the proper policy, you as the director and other executives in the business can be sufficiently provided for in instances of you getting charged for any supposedly wrongful act you made. But, this does beg the question, is […]

How Much Does it Cost to Have Directors Insurance?

By design, directors insurance policies are there to help cover for expenses that will arise from litigation born of whatever adverse managerial decision the company makes. As such, it tends to be a rather comprehensive insurance policy to ensure that directors get the help they need from controversies coming from any angle. However, that does […]

Can A Director Be Personally Liable for Company Debts?

Struggling with bills with your company even as it’s facing a potential insolvency is hard enough. You don’t want to be facing other problems from popping up in such situations especially the prospect of being blamed for all the debts the company makes and being made personally liable for all of them. However, that’s one […]

What is Director’s Liability Insurance?

It’s a common belief that being at the top of the company makes you impervious to any liability of sorts. The truth, however, is quite the opposite. Being the director or chief executive officer of a company puts you in a lot of intense scrutiny. In the instance that a director gets charged for allegedly […]