Shareholders and employees harmed by the negligent acts and deceptive statements of company leaders may file lawsuits against the company leaders.Company leaders are covered for such claims under which type of insurance?

Question

Quizplus · Accepted Answer

Directors and officers liability insurance specifically covers claims brought against company leaders for negligence and deceptive statements. Employment practices liability insurance covers claims related to wrongful termination, discrimination, or harassment. Employee benefit liability insurance covers claims related to errors or omissions in employee benefit plans. General liability insurance covers claims related to bodily injury or property damage.

Shareholders and Employees Harmed by the Negligent Acts and Deceptive