Even a small business that is not publicly traded can be vulnerable to expensive lawsuits, levied against the company itself and against the company’s officers and directors. Directors and officers (D&O) insurance protects companies, helping many small businesses avoid bankruptcy. Experts say D&O insurance coverage is essential to most businesses, even small privately held companies.
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Does Your Small Business Need Directors and Officers (D&O) Insurance? was originally posted by ClaimsMate.com Insurance Information Resources
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