How important is it for a P.O.N.Y. League to renew it Directors and Officers Liability policy prior to its expiration date each year?
Very important, since your Directors & Officers Liability is a “claims made” policy, it would be very wise not have a lapse in coverage. A lapse in coverage can result in your protection being voided in the event that an incident that arose in the past does not result in lawsuit papers being filed until after your renewal.
Related Questions
- Is it important for my league to renew its Directors & Officers Liability policy prior to its expiration date of February 1 of each year?
- How important is it for a P.O.N.Y. League to renew it Directors and Officers Liability policy prior to its expiration date each year?
- Is it important for my league to renew its Directors & Officers Liability policy prior to its expiration date each year?