director officer insurance

directors liability insurance

Director Officer Insurance for Blocks of Flats

Introduction - Whilst most owners and freeholders of flats remember to insure the buildings not many realise that other important covers are also available. In particular in you manage a purpose built block. you should consider taking out a little known policy known as director officer insurance. So, what is directors and officers liability insurance cover, well in simple terms it is an insurance cover that provides a protection for company directors, officers and managers against claims arsing from their decisions and actions taken whilst managing their business. In the case of a property management company of flats, the business, is running the flats themselves.

Alas, sometimes being a director of your flats management company is a thankless task, almost always unpaid and even the most careful director can make decisions which can ... http://insure.ucoz.com/news/directors_liability_insurance/2013-06-12-3335