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Checklist of Issues to Review for Directors and Officers Insurance

$10.00
This is a checklist of key issues for a business to review in analyzing the terms and conditions of a Directors and Officers Insurance policy.

Format: word_icon Microsoft Word

CHECKLIST OF ISSUES TO REVIEW
FOR DIRECTORS AND OFFICERS LIABILITY INSURANCE

  1. Is the dollar amount of the coverage sufficient?

  2. Is the insurer financially strong?

  3. Are the premium payments competitive?

  4. Is the deductible too large?

  5. Does the policy cover all directors and officers or do they have to be specifically named?

  6. When can the insured terminate or not renew coverage?

  7. Are legal fees covered?

  8. When do claims have to be made?

  9. Does the insured have a good history of paying claims (especially important in this area)?

  10. Are the exclusions from coverage too broad (these are often negotiable)?

  11. Are there special endorsements....

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How-to advice on these forms:

Checklist of Issues to Review for Directors' and Officers' Insurance
Following is a checklist of key issues for a business to review in analyzing the terms and conditions of a Directors' and Officers' Insurance policy.
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