Introducing the NEW Executive Plus D&O Liability
RLI's breakthrough Executive Plus Directors & Officers Liability.
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Executive Plus protects the personal assets of the directors and officers when the corporation cannot or will not indemnify or when other insurance has been exhausted or is not available.
Litigation is a constant threat today. Indemnity isn't always available to protect the personal assets of corporate directors and officers.
As companies fight to attract the best and brightest to serve
as their directors and officers, those companies must look for a
way to protect those individuals. The best candidates for those
positions demand it.
RLI can meet those demands. Executive Plus stands as a fortress around the
personal assets of those directors and officers. It provides a stand-alone
Clause 1 limit of liability for the directors and officers only, separate from
the corporate entity policy.
Our revamped Executive Plus coverage includes the following extraordinary provisions:
- SOX 308 civil penalties
coverage
- No definition of
application
- Definition of defense
expenses, including extradition expense
- Definition of insured
person, including trusts
- Definition of loss,
including public offering of securities
- Definition of loss
includes civil penalties under the Foreign
Corrupt Practices Act
- I v.I exclusion with
explicit carve-back for whistleblower
- Bi-lateral discovery with explicit three (3) year quote option
For a longer list of Executive Plus enhancements - and to see how our policy
compares to the competition -visit the RLI EPG website.
With Executive Plus and the financial stability of RLI, the
professionals that make America's business decisions will sleep better
knowing that they can apply their talents to running their companies
without worrying about their personal assets being at risk.
Our target market includes any publicly traded or large private
company that exhibits sound financial practices and has a proven
performance record.
RLI EPG products feature such advantages as automatic merger and
acquisition and automatic run-off coverages; broad punitive damage and
spousal liability coverages; zero retention for investigative costs
coverage for favorably resolved claims; bilateral discovery; and a
three-year discovery quote guaranteed. Investigations are included in
the definition of claim, and all our coverages feature "Pay on behalf
of" language, claim notice "as soon as practicable," full
severability, are non-cancelable (except for non-payment of premium)
and insure your clients worldwide.
Visit the EPG website for downloadable policy forms and applications
Find an RLI underwriter
Request more info
Learn more about RLI's Executive Products Group
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