Did you know that managers and directors of a business can be sued for mismanagement that causes loss to others? And you can even be held personally liable – potentially putting your own assets and savings at risk.
Did you know that managers and directors of a business can be sued for mismanagement that causes loss to others? And you can even be held personally liable – potentially putting your own assets and savings at risk.
No matter how competent you, your managers and staff may be, claims of mismanagement happen.
Management liability insurance provides protection against the financial exposures that come with managing a business. It ensures you can defend, settle or pay compensation claims, without putting your business, staff or personal finances at risk.
Management Liability insurance is important for all businesses, big and small. It helps protect against unpredictable and potentially large liability claims.
Management liability insurance can cover the business against claims arising from mistakes or deliberate actions, including fraud – from the company or its directors, officers or employees – both past and present.
This might include costs associated with:
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