Personal Directors Liability
Personal Directors Liability (PDL) is an innovative policy designed to
respond to increasing liability exposures faced by independent directors
serving on boards of major corporations.
The policy affords each independent board member with his/her own
dedicated limit not shared by the entity or other board members. It lies
excess over existing D&O coverage as well as any indemnification by the
corporation.
Total aggregate limits of $10,000,000 are available. |