Directors And Officers Liability InsuranceDirectors And Officers Liability Insurance Coverage Bergen County NJ Coverage

Directors and Officers (D&O) Liability Insurance is designed to protect the personal assets of those people who serve as directors or officers of a company. The Directors And Officers’ coverage protects them from personal losses if they are sued by the organization’s employees, its’ vendors, customers, or other parties.

Any business, including private companies, public companies, and financial institutions with a board of directors really must have Directors & Officers liability insurance coverage. Claims against companies and their directors or officers are increasingly common. So, if your business works with vendors or government entities, and has employees or customers, then you may have exposure. The exposure can make your organization and its executives vulnerable to costly legal action. At Bogle Agency Insurance, based in Lyndhurst Bergen County NJ, we have been advising business owners for a long long time – we can certainly answer all professional liability questions and we have the right professional liability coverage, as well as, cost options for business owners.

Typical Directors And Officers’ Liability Exposure includes:

A company’s Directors and Officers can be sued for numerous reasons including but not limited to what follows:


An example of fraud is when a company’s directors or officers fail to disclose material facts. For instance, maybe inaccurate or just plain misleading information is provided to investors.

Misuse of Company Funds

Another example is when a company’s directors or officers use company funds in a less than responsible or even ethical way. For instance, it can be simple as funds were dedicated to personal uses and not for the betterment of the company.

Failure to Comply with Workplace Laws

Typical examples of a failure to comply with workplace laws might include a failure to pay the minimum wage, dictated by law; there’s a failure to pay required overtime wages; there can be a failure to provide rest periods and/or meal breaks. There have even been unlawful deductions from a person’s wages.

And there are so many other exposures a company may want to protect its directors and officers, not to mention itself, from leveraging these insurance coverages.

Why Bogle Insurance Support Is Your Best Bet

When it comes to the tough decisions related to various business insurance coverages, including Directors’ And Officers’ Insurance Coverage you will want the most experienced professional agency. Bogle Agency Insurance, based in Lyndhurst Bergen County, NJ, not only offers you, your family, and/or your business commercial liability insurance options, but we can help you understand all the liability insurance variables. At Bogle Agency Insurance, we are your Bergen County, NJ, Business Insurance advocate … and we are not the insurance carrier. We are a family insurance practice, 4 generations and 100 years, dedicated to helping you make the best possible decision. Simply request a quote to get started today!