Product Details
Directors and Officers Liability Policy
Pune
A Quality Product from
THE NEW INDIA ASSURANCE CO. LTD. [View Profile]
Pune - India
Description :
Highlights
This cover is suitable for those Directors & key officers who are in a decision -making position.These directors and officers in pursuance of their duties may take some actions which may be in violation of certain statutes or Indian Laws.
Scope
Provides cover
Against any loss that the Organization may incur, on account of mistaken actions taken in their individual capacity as Directors & Officers in pursuance of their duties under Memorandum and Articles of Association.
Against loss arising from claims made against them by reason of any wrongful Act in their Official capacity.
Legal costs & expenses incurred with the written consent of the insurers arising out of prosecution (criminal or otherwise) of any Director / officer and attendance at any investigation, examination, inquiry or other proceedings by the authority empowered to do so.
Expenses incurred by any shareholder of the Company in pursuance of a claim against any Director / Officer, which the Company is legally obliged to pay, pursuant to an order of a Court.
Provide indemnity to the estate of, legal heirs or legal representatives of the Director / officer in the event of the Director / officer becoming insolvent.
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THE NEW INDIA ASSURANCE CO. LTD. deals in :
We insure all types of Non Life Covers. PERSONAL :- • Pravasi Bharatiya Bima Yojana Policy • Health Plus Medical Expenses Policy • Mediclaim Policy • Personal Accident Policy • Overseas Mediclaim Policy • Householders Policy • Motor Policy • Bhavishya Arogya Policy • Money Insurance • Rasta Apatti Kavach (Road Safety Insurance) • Suhana Safar Policy • TV/VCR/VCP Insurance • Mobile/Cellular Phone Insurance • Other Personal Insurance COMMERCIAL :- • Jewellers Block Policy • Bankers Indemnity Policy • Shopkeepers Policy • Marine Cargo Policy • Plate Glass Insurance • Special Contigency Policy • Neon Sign Insurance • Multi Peril Policy for L.P.G. Dealers • Fidelity Guarantee Insurance Policy • Marine Hull Policy • Aviation Insurance INDUSTRIAL :- • Fire Policy • Burglary Policy • Machinery Breakdown Policy • Electronics Equipment Policy • Consequential Loss Policy • Contractors All Risk Policy • Marine cum Erection / Storage cum Erection Policy • Advanced Loss of Profit / Delay in Startup Policy • Contractor Plant and Machinery Policy • Mega Package Policies LIABILITY • Public Liability Policy • Products Liability Policy • Professional Indemnity Policy • Directors and Officers Liability Policy • Lift (Third Party) Insurance • Employers' Liability Policy • Carrier's Liability Insurance • Liability Insurance Act Policy • Golfers Indemnity Insurance SOCIAL :- • Universal Health Insurance Scheme • Jan Arogya Bima Policy • Raj Rajeshwari Mahila Kalyan Yojana • Bhagyashree Child Welfare Policy • Janata Personal Accident Insurance • Student Safety Insurance • Ashrya Bima Yojana • Rural Insurance
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