Today, our country faces a number of uncertain economic challenges. During such an unpredictable time, businesses must protect their assets if they want to avoid becoming insolvent. Over time, lawsuits against management have increased significantly, putting companies that employ hard working Americans at risk of losing everything. To guard against this, Soules Insurance advises Texas companies to protect their upper management and by extension, their whole business with directors and officers liability insurance.

What is a Directors & Officers Liability Insurance Policy?

The purpose of Directors and Officers Liability Insurance (D & O) is to protect companies from lawsuits related to decisions made by management. A Texas D & O insurance policy extends beyond what is covered in general liability insurance by addressing accusations of company or financial mismanagement in a lawsuit. As an example, the directors and officers policy provides coverage against claims of financial mishandling by even one member of management while also offering protection in lawsuits involving discrimination or termination. Corporate lawsuits can be expensive enough to sink a good company, but a Directors and Officers Liability insurance policy can help avoid that disaster.

Request your Quote on Directors and Officers Liability Insurance Today

Don’t let disgruntled employees or a single act of mismanagement cost you your business. The commercial insurance brokers at Soules Insurance Agency LP will work with you to ensure that your company has the right coverage with a D & O liability insurance policy. Soules Insurance Agency LP is one of the largest independent insurance agencies in Conroe, The Woodlands, Willis, Cleveland, Huntsville and North Houston area as well as the Interstate 45 corridor to Dallas. Our experts will help you identify how such coverage is right for you at a price you can afford.

Please call (936) 756-0671 to learn more about our D & O liability Insurance policies and what they provide or simply fill out and submit the online form below to receive a call and quote for your business in Conroe, Texas and the surrounding areas.