D&O coverage for Charlotte boards and nonprofits, protecting the personal assets of directors, officers, and trustees when a decision is challenged.
Directors & Officers Insurance (D&O) is a type of liability coverage that provides protection for the board members, officers and directors of your company or organization from lawsuits that can arise from them performing their duties.
This type of coverage protects their personal assets and is becoming more the rule than the exception with larger businesses and organizations. H.B. Cantrell & Co can help evaluate whether this type of indemnity coverage is appropriate for your situation. Some of the risks to consider are:
- Legal defense costs
-Legal Representative Expense
- Costs arising from extradition proceedings
- Civil Fines / Civil Penalties
- Damages
- Judgements
- Bail Bond Costs
Some business relationships may require you to have North Carolina D & O insurance. With the amount of lawsuits in our society today it's becoming more important to evaluate whether it's a necessary protection for your top level decision makers.
Let’s make sure your coverage still fits your life or business. Our team can help you explore options, compare policies, and make confident decisions.
1501 E 7th St Charlotte, NC 28204 | Phone: 704-954-9000 | Fax: 704-344-8877 | Located in Charlotte, North Carolina. We also serve the Gastonia, Huntersville, Mooresville, Rock Hill, and Waxhaw areas. - Licensed in North Carolina and South Carolina
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