Directors and Officers Liability Insurance in India

Being a director or an officer of a company is a high-risk profession. Directors and Officers (D&O) face potential liabilities from various stakeholders, including competitors, suppliers, and regulatory bodies.

HDFC ERGO's Directors' and Officers' Liability policy is designed to offer security and protection at an affordable price.

Image illustrating the concept of Directors and Officers Liability Insurance.

What’s Covered?

The Classic D&O Liability policy from HDFC ERGO automatically includes several key features:

Management Liability
Management Indemnification

Policy Features

Who is Covered?

Directors
Officers
Company secretaries
Other persons employed in an executive capacity

Broad Definition of Wrongful Acts:

Get cover against errors, misstatements, misleading statements, acts, omissions, neglect, and breach of duty/breach of trust on part of insured individuals.

Definition of Loss Covers

Judgments, settlements and defense costs are covered under the policy.

Legal representation costs covered if a director or officer is legally compelled to appear at an official investigation into the affairs of such director or officer or the company.
Severability of all exclusions and the proposal form for insured individuals such that no fact pertaining to or knowledge possessed by any insured individual shall be imputed to another to determine available cover.
Cover is available for externally appointed liquidators or receivers bringing an action against insured individuals.
Cover is available for past Directors or officers bringing an action against current Directors or officers.
Defense costs cover for Insured vs.

D&O Insurance, What is it?

Why Choose HDFC ERGO?

Secured Over 1 Crore+ Smiles!

Trust redefines relations at HDFC ERGO. We consistently strive to make insurance easier, more affordable, and more dependable. Here promises are kept, claims are fulfilled, and lives are nurtured with utmost commitment.

All the Support You Need 24x7

We understand that in times of distress, instant help is the need of the hour. Our In-house claims team provides round the clock support to ensure hassle-free claim experience. We ensure to be your constant support system in times of need.