Management Liability is a package policy which covers actions and conduct of the insured company and its Directors and Officers for day to day operating of the business.
Management Liability covers multiple risk exposures through its 6 main coverage sections, including:
Section |
Covers |
---|---|
Directors & Officers Liability | Cover for wrongful or negligent acts by Directors and Officers of the company in execution of their duties. |
Corporate (Entity) Liability | Cover to the business entity for wrongful or negligent acts committed in the operation of the business |
Employment Practices Liability | Cover to Directors, Officers and Managers of the insured company for claims made against them by employees. |
Statutory Liability | Protection against statutory breaches, most commonly Work Health & Safety prosecutions, fines and penalties. |
Crime | Covers the insured company for internal or external misappropriation or fraud of money or property through fraudulent means. |
With coverage limit options up to $5,000,000, you can ensure your business and its directors are protected.
Please complete and return the application form or call BMS today on 1800 940 764 to receive a quote for Management Liability Insurance
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