The Directors and Officers Liability coverage is an insurance that protects officers and trustees from being held accountable for the actions they took or failed to take as members of a board. It offers liability coverage for the damages that ensued alleged wrongdoings of a member. This policy can cover the liability of officers and directors on an individual level, as well as the reimbursement of the whole company itself: Side A Coverage: covers liabilities of individual officers and directions Side B Coverage: also known as the Company Reimbursement Coverage, covers the damages to the company Side C Coverage: or the Securities Entity Coverage, covers publicly traded companies in case there is an alleged wrongdoing in regards to the trading of its securities What risks does the D&O policy cover? The D&O policy provides financial help to board members when they are sued for an alleged wrongful act while performing their duties.     Read the article……………..