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Directors, Officers Liability
Who
Directors and employees with general managerial responsibility
can be held personally liable for their actions at work.
Why
This means that your personal assets are at risk. Directors
and Officers Cover protects against the wide range of
potential litigation - paying the legal costs of defence
and any compensation payable.
The areas of potential litigation are wide ranging.
For example there are approximately 200 responsibilities
identified by the Companies Act. Competitors, employees
and members of the general public can allege breach
of any one of the responsibilities imposed upon Directors
and Officers.
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