Whilst Management, Trustees and Directors may have protection from corporate liability insurance, such as Public & Employers Liability Insurance, there are still many other liabilities to which they are potentially exposed. In particular claims involving breach of Health and Safety, or other Statutory Regulations, Employment Disputes, as well as claims from creditors and shareholders, for which they could be culpable and held personally accountable.
Management Liability insurance incorporates Directors and Officers Liability, Trustees Liabilities, Employment Practices Liability and Corporate Entity cover, and will provide protection against the escalating defence costs of legal actions, as well as any financial compensation awarded against the Management, Directors or Trustees.
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