Why do boards need Directors and Officers (D&O) insurance coverage?
• Manager/Management Company named as an Additional Insured • Defense Outside the Limit of Liability • Non-monetary and Breach of Contract Coverage offered under Directors & Officers Liability • No exclusion for libel, slander, or defamation under Directors & Officers Liability • Mental Anguish and Emotional Distress included in the General Liability definition of Bodily Injury • No General Liability deductible • Property with an Outdoor Enhancement Endorsement • Umbrella Policy excess of General Liability, Hired & Non-owned Auto and Directors and Officers Liability
