Personal protection for directors, officers and management
Personal protection for directors, officers and management
A D&O insurance policy, underwritten by Chubb, is a type of liability insurance, designed to protect directors and officers of a company from a range of civil, criminal and regulatory proceedings arising from the potential exposures associated with their role.
It typically covers legal fees, settlements, and judgments from lawsuits for breaches relating to fiduciary duty, negligence, mismanagement, or other alleged wrongful acts.
Get 20% off Directors & Officers (D&O) Liability Insurance when you sign up for your migrant worker security bonds via DBS Banker’s Guarantee from now till 31 July 2024*!
*Terms and Conditions apply
With over 30 extensions of cover as standard, our policy is one of the broadest in the market.
Examples of offering:
| Cover/Service | Benefit |
|---|---|
| Definition of Investigation Extended | Includes where an insured person is named in writing as being under investigation or as a witness by an official entity. |
| Mitigation Loss Extension | Indemnity for an insured person following action taken to prevent a potential loss under the policy. |
| Employed Lawyer Extension, Insolvency Hearing Cover, E-Discovery Costs, Global Dutch Securities Settlement Advice, Class Certification Event Study Expenses, Regulatory Crisis Costs | Included as standard within the policy. |
For full list of cover, please see here.
Featured Plans
Plans for you to choose from:
| For annual revenue less than S$10M | $500,000 Coverage | $1,000,000 Coverage | $2,000,000 Coverage |
|---|---|---|---|
| Premiums | S$1,000 per year | S$1,500 per year | S$2,800 per year |
| For annual revenue S$10M and above but less than $20M | $500,000 Coverage | $1,000,000 Coverage | $2,000,000 Coverage |
|---|---|---|---|
| Premiums | S$1,200 per year | S$1,800 per year | S$3,600 per year |
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