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Directors & officers Liability

Directors & Officers Liability

Underwritten by Royal & Sun Alliance

Indicative rating for Acceptable Risks 

Cover Options

For £150,000 Limit of Indemnity

Annual Turnover up to £1M = £84.20 inclusive of tax & £10 fee

Annual Turnover up to £2M = £116.00 inclusive of tax & £10 fee

Annual Turnover up to £2.5M = £142.50 inclusive of tax & £10 fee

For £250,000 Limit of Indemnity

Annual Turnover up to £1M = £116.00 inclusive of tax & £10 fee

Annual Turnover up to £2M = £153.10 inclusive of tax & £10 fee

Annual Turnover up to £2.5M = £184.90 inclusive of tax & £10 fee

For other limits or if you turnover exceeds this amounts please contact us

Acceptance Criteria

1) You are a privately owned UK company & in your last completed financial year your turnover did not exceed £2,500,000

2) You do not have any assets in North America

3) You are not aware of merger , take over or acquisition involving the company or any other plans for a   change of ownership of the company

4) You had a positive net worth ( i.e. total assets exceed total liabilities ) in the last completed financial year

5) You are not currently undergoing or planning any redundancies

6) You are not aware of any circumstances that might give rise to a claim against the company or any of its   directors, officers or employees in relation to risks to which this insurance relates

7) You are not aware of any claim having made of being made or prosecution brought against either the   company or any director of officer in respect of any neglect , error or other wrongful act committed in the last five years 8)In respect of the covers proposed you have never had any proposal for insurance declined ( whether at   renewal or otherwise ) , any insurance cancelled or special terms or conditions imposed