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Directors and Officers Liability Insurance (D&O) provides financial protection for the directors and officers of a company in the event they are sued for alleged wrongful acts while managing the company.
Directors and officers of a company are required to file Directors and Officers Liability Insurance.
Directors and officers can fill out the Directors and Officers Liability Insurance application provided by insurance companies or brokers.
The purpose of Directors and Officers Liability Insurance is to protect individuals serving as directors and officers of a company from personal losses.
Directors and officers must report their personal information, details of their position in the company, and any claims history.
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