Protection while Head of a Public Company

Directors and Officers for Public Companies

Being the head of a company can be a trying position, especially when legal action is taken against them. If you were to find yourself in this difficult situation, having insurance can be a lifesaver. Directors and officers for public companies should consider protecting themselves from defense costs with liability insurance. The average cost for a shareholder lawsuit settlement has risen to over $30 million dollars, and if you’re not properly protected, you could face being held accountable for part of that payment.

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