Directors' Civil Liability insurance is increasingly necessary for those directors and administrators of companies that are exposed to greater risk due to their sector of activity. With this insurance you will be able to face your business decisions with more peace of mind.
What is Directors Civil Liability insurance?
Directors Civil Liability insurance has its raison d'être in that it guarantees directors and administrators their personal liability and protects their assets against third-party claims arising from their business decisions.
Who is the Directors Civil Liability insurance for?
Directors Civil Liability insurance is designed to provide coverage to directors, managers, directors or administrators of companies.
What does Directors Civil Liability insurance cover?
In addition to dealing with the compensation arising from a claim, the insurer provides other specific coverage. Highlight:
- defense spending
- Bankruptcy guarantee expenses
- Administrative sanctions
- Legal advice expenses
- Image restitution expenses
Is civil liability insurance necessary in the Canary Islands?
Managers and administrators of companies in the Canary Islands are not exempt from claims due to their responsibility at the head of the company. If they do not have adequate insurance protection, they must respond with their assets.
How much does RC Directives insurance cost in the Canary Islands?
Depending on your business activity and annual turnover, you can quickly obtain a quote for Directors' and Officers' Liability Insurance. Contact our insurance brokers in Tenerife and Las Palmas now for the best advice on Directors' and Officers' Liability Insurance.
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