{"id":17362,"date":"2016-10-21T10:33:39","date_gmt":"2016-10-21T07:33:39","guid":{"rendered":"http:\/\/colemont.lt\/?post_type=product&#038;p=17362"},"modified":"2024-08-07T14:21:29","modified_gmt":"2024-08-07T11:21:29","slug":"directors-officers-liability","status":"publish","type":"product","link":"https:\/\/colemont.lt\/en\/product\/directors-officers-liability\/","title":{"rendered":"Director\u2018s &#038; Officer\u2018s Liability"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column]<div class=\"dfd-spacer-module\"  data-units=\"px\" data-wide_resolution=\"1280\" data-wide_size=\"32\" data-normal_resolution=\"1024\" data-normal_size=\"\" data-tablet_resolution=\"800\" data-tablet_size=\"\" data-mobile_resolution=\"480\" data-mobile_size=\"\" style=\"height: 32px;\"><\/div><div id=\"dfd-button-69d2a4a971d23\" class=\"dfd-button-module-wrap dfd-button-69d2a4a971d23\"><div class=\"dfd-button-module  cr-animate-gen style_5 dfd-button-full-width text-center dfd-horizontal dfd-top-to-bottom dfd-button-icon-left dfd-button-icon-hover-simple\"  data-animate-type=\"transition.slideLeftIn\" ><a href=\"https:\/\/app.smartsheet.com\/b\/form\/59687eead37c476385e6467a30da3ddf\" target=\"_blank\" class=\"dfd-button-link\"><span class=\"dfd-button-inner-cover\"><span class=\"dfd-button-text-main\"><i class=\"far fa-file-pdf\"><\/i>Get D&amp;O Insurance Quote<\/span><\/span><\/a><\/div><script type=\"text\/javascript\">\r\n\t\t\t\t\t\t\t\t\t(function($) {$(\"head\").append(\"<style>#dfd-button-69d2a4a971d23.dfd-button-module-wrap .dfd-button-module .dfd-button-link .dfd-button-inner-cover span i, .dfd-button-69d2a4a971d23.dfd-button-module-wrap .dfd-button-module .dfd-button-link .dfd-button-inner-cover span i {font-size: 20px;}#dfd-button-69d2a4a971d23.dfd-button-module-wrap .dfd-button-module .dfd-button-link .dfd-button-inner-cover .dfd-button-text-main, .dfd-button-69d2a4a971d23.dfd-button-module-wrap .dfd-button-module .dfd-button-link 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data-mobile_size=\"\" style=\"height: 32px;\"><\/div>[vc_column_text]<\/p>\n<h3>Advantages<\/h3>\n<p>&nbsp;<\/p>\n<ul>\n<li>Insurance covers all former, current and future employees holding company managing positions.<\/li>\n<li>Insurers compensate legal representation costs incurred by Director due to the claim brought against him.<\/li>\n<li>Insurers reimburse the amounts charged by the court, which, in the absence of insurance should be covered by the Director himself from his personal funds.<\/li>\n<li>Insurers reimburse the legal costs,\u00a0 when the inspection is carried out in the company by the Governmental Institution and Director is involved in the process.<\/li>\n<li>Insurers reimburse fines and penalties that the Director has been imposed.<\/li>\n<li>Insurance coverage provided for Directors of subsidiaries.<\/li>\n<li>Directors are provided with insurance coverage for six years, if a person left the job during the policy period.<\/li>\n<\/ul>\n<p>[\/vc_column_text]<div class=\"dfd-spacer-module\"  data-units=\"px\" data-wide_resolution=\"1280\" data-wide_size=\"32\" data-normal_resolution=\"1024\" data-normal_size=\"\" data-tablet_resolution=\"800\" data-tablet_size=\"\" data-mobile_resolution=\"480\" data-mobile_size=\"\" style=\"height: 32px;\"><\/div><div class=\"animation-container \" ><div id=\"video-player-69d2a4a971e3b-9958\" class=\"dfd-videoplayer style-1  text-center \"><div class=\"dfd-video-content video-content\" id=\"module_video_69d2a4a971e3d\"><div class=\"dfd-video-box no-thumb\"  ><div class=\"wpb_video_wrapper\"><iframe loading=\"lazy\" title=\"Director&#039;s and Officer&#039;s Liability Insurance\" width=\"1200\" height=\"675\" src=\"https:\/\/www.youtube.com\/embed\/XhwB9K-Wj7k?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div><\/div><\/div><\/div><\/div><script type=\"text\/javascript\">\r\n\t\t\t\t\t\t\t(function($) {\r\n\t\t\t\t\t\t\t\t$(\"head\").append(\"<style><\/style>\");\r\n\t\t\t\t\t\t\t\t$(document).ready(function(){\r\n\t\t\t\t\t\t\t\t\tDFD_VideoModule.init(\"module_video_69d2a4a971e3d\",\"video-player-69d2a4a971e3b-9958\");\r\n\t\t\t\t\t\t\t\t});\r\n\t\t\t\t\t\t\t})(jQuery);\r\n\t\t\t\t\t\t<\/script><div class=\"dfd-spacer-module\"  data-units=\"px\" data-wide_resolution=\"1280\" data-wide_size=\"32\" data-normal_resolution=\"1024\" data-normal_size=\"\" data-tablet_resolution=\"800\" data-tablet_size=\"\" data-mobile_resolution=\"480\" data-mobile_size=\"\" style=\"height: 32px;\"><\/div>[vc_column_text]<\/p>\n<h3>Claim examples<\/h3>\n<p>&nbsp;<\/p>\n<ul>\n<li>Director has been indicted by suggesting that the company while conferring loans, provided the financial assistance prohibited by the Companies Law of the Republic of Lithuania.<\/li>\n<li>Company Director has been charged with undertaking company-unfavorable economic transactions.<\/li>\n<li>Director has been brought a claim on the inadequate performance and control of contracts.<\/li>\n<li>State Authority fined Director for the late submission of the report.<\/li>\n<li>A competing company has brought a claim on Director on the information appearing in a public space, which is false (slander).<\/li>\n<\/ul>\n<p>[\/vc_column_text]<div class=\"dfd-spacer-module\"  data-units=\"px\" data-wide_resolution=\"1280\" data-wide_size=\"32\" data-normal_resolution=\"1024\" data-normal_size=\"\" data-tablet_resolution=\"800\" data-tablet_size=\"\" data-mobile_resolution=\"480\" data-mobile_size=\"\" style=\"height: 32px;\"><\/div><div id=\"dfd-button-69d2a4a9726e6\" class=\"dfd-button-module-wrap dfd-button-69d2a4a9726e6\"><div class=\"dfd-button-module  cr-animate-gen style_5 dfd-button-full-width text-center dfd-horizontal dfd-top-to-bottom dfd-button-icon-left 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