D&O Tail Insurance

D&O Tail Insurance is typically written for a set period of time – typically one to five years – depending on the company’s insurance needs. This type of insurance coverage is important for companies that are going through important changes such as a merger or an acquisition, as it provides an additional layer of protection in the event a claim is made against a director or officer after the policy has expired.

D&O Tail Insurance is designed to cover the legal costs associated with defending directors and officers in the event of a claim being made against them. This type of insurance may also provide coverage for damages or settlements that need to be paid out in the event of a successful claim.

In summary, D&O Tail Insurance is a type of insurance that provides additional protection for the directors and officers of a company after the expiration of the D&O policy term. It covers the legal costs associated with defending directors and officers, as well as damages or settlements that need to be paid out in the event of a successful claim.