Private Company Directors, Officers and Corporate Liability
This coverage gives your clients a shield intead of a target.
Litigation is a reality in today’s business world, and private
companies are not excluded. RLI’s coverage stands ready to protect
your company and the quality individuals who make it run.
Here’s why our coverage is the policy of choice:
- Broad definition of insured
- No securities exclusion for offerings or issuance of securities
where the transaction is exempt under U.S. securities law
- Can be written in conjunction with other financial products,
including employment practices liability and fiduciary liability
- Limited liability corporation subsidiaries are automatically covered
- Can be written on a duty to defend or reimbursement basis
Our target market includes:
- Wholesalers
- Distributors
- Manufacturers
- Select retail enterprises
RLI EPG products feature:
- Available in excess coverage (Pure follow-form coverage sits over all coverages.)
- 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
- A three-year discovery quote guaranteed
- Investigations are included in the definition of claim
- “Pay on behalf of” language
- Claim notice “as soon as practicable”
- Non-cancellability (except for non-payment of premium)
- Worldwide coverage
- Crime/KRE: Only to insureds who also purchase other EPG coverages —
one or a combination of the following: D&O, fiduciary and EPL.
RLI offers limits of up to $25 million on all our product lines.
RLI is rated “A+” (Superior) by A.M. Best, “A+” by Standard & Poor’s,
and has appeared in the Ward’s 50, a respected benchmark group of the
insurance industry’s top performing companies, every year of the list’s existence.
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