Directors & Officers Liability Insurance in Malaysia - Chubb

Directors & Officers Liability Insurance

Being a company director or officer makes you vulnerable to allegations of wrongful acts in the course of doing your job. No matter the size of your organisation, this policy protects you from claims made against you by a host of third parties – from shareholders to customers. It lets you focus on running the company instead of worrying over protracted litigation.

Coverage

What it covers

  • Defence costs, legal representation expenses, damages, judgements, settlements, bail bond costs, crisis costs, deprivation of asset costs, prosecution costs, public relations expenses
  • Costs arising from extradition proceedings
  • Tax contributions where the parent company has become insolvent and there’s personal liability of an insured
  • Losses incurred for civil fines and penalties

Please refer to the policy contract for the full details of benefits, terms and exclusions that are applicable. The information provided here is a brief summary for quick and easy reference. The exact terms and conditions that apply are stated in the policy contract.

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