Protect against personal losses with comprehensive Directors & Officers (D&O) Liability insurance plans from Innovate Insurance Agency!
People who serve in a position of authority, such as directors and officers, may sometimes get sued in legal matters related to mismanagement of business funds, misrepresentation of company assets, breach of duty, or non-compliance with specific laws. In that case, they and their spouses can suffer personal losses if they get sued by vendors, clients, or other parties.
Thus, directors and officers need a coverage insurance plan to protect their personal assets. Innovate Insurance Agency Inc. is a leading provider of comprehensive insurance plans in Clifton, Passaic County, New Jersey, designed to cover defense costs, settlement fees, and other costs associated with lawsuits.
Private and public companies are at risk of lawsuits that may not be covered under a general liability plan. Thus, our specialized liability insurance plans are specifically designed as part of the corporate risk management strategy to help companies retain qualified executives such as top-tier executives, managing directors, board members, or an officer in other leadership roles.
So, if you want to safeguard your organization against paying the hefty legal fee in lawsuits, schedule a consultation with our professionals for expert guidance today!