Management Liability Insurance Coverage
Chapman Insurance Group wants to make sure that the directors and officers of your business are protected from financial harm caused by lawsuits. In order to achieve that protection, you need management liability coverage.
Three simple options
Management liability insurance refers to multiple coverages.
These include:
- Directors, officers, and entity liability insurance
- Fiduciary liability insurance
- Crime insurance
- Kidnap and ransom/extortion insurance
These types of coverages will protect directors, board members, and managers within your business. They can also cover:
- Nonprofits organizations
- Publicly traded companies
- Privately-held companies
Here are some of the benefits that each sector has in regards to being protected by management liability insurance:
- Directors and Officers
- They’re protected from financial loss brought on by litigations against them
- Protects personal assets and the assets of the company
- There’s coverage available for private and public companies
- Employment Practices,
- The business is protected from claims made against employees that involve:
- Harassment (sexual or otherwise)
- Discrimination
- Wrongful termination
- Employer retaliation
- Libel/slander
- Emotional distress
- Deprivation of opportunities
- The business is protected from claims made against employees that involve:
Questions about management liability coverage? Ask an expert.
At Chapman Insurance Group, we’re knowledgeable in all things related to management liability. Contact one of our agents to see what this type of coverage could do for you.
Management liability coverage near you.
CIG offers management liability in Port Charlotte, Punta Gorda, Cape Coral, Fort Myers, Bonita Springs, and Naples, Florida.
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