- Main Office
- Specht Insurance Group, Ltd.
P.O. Box 99
Boyertown, PA 19512
(888) 6-SPECHT
(610) 367-1400
Fax (610) 367-1411 - Arizona Office
- Southwest Regional Office
14850 North Scottsdale Road
Suite 295
Scottsdale, AZ 85254
(877) 577-4670 - Florida Office
- Southeast Regional Office
Box 200
16970-3 San Carlos Blvd.
Ft Myers, FL 33908
(877) 6-SPECHT
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DIRECTORS AND OFFICERS (D&O)
LIABILITY INSURANCE
Insures corporate directors and officers against claims, most often by stockholders and employees, alleging financial loss arising from mismanagement. The policies contain two coverages: the first reimburses the insured organization when it is legally obligated (typically by corporate charter or state statute) to indemnify corporate directors and officers for their acts; the second provides direct coverage to directors and officers when the organization is not legally obligated to indemnify them. In addition, a third type of coverage, known as entity securities liability insurance is usually available on an optional basis, for an additional premium. Such coverage insures the organization in connection with securities it has issued.
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DIRECTORS & OFFICERS
Coverage Considerations and Definitions
The following are coverage definitions that will better help you understand
insurance. Contact us any time regarding quoting or adding any coverages
you may not already have.
Property
Liability
Other
Coverages
