Management Practices Insurance

Management Practices coverages are separate and distinct coverages not contemplated in a standard Commercial General Liability insurance policy. In simple terms, Commercial General Liability protects you from suits for accidental bodily injury and property damage subject to the policy language. In general, Management Practices coverages all exclude bodily injury and property damage and protect you against lawsuits for alleged wrongful acts (as defined in the policies) which have caused financial injury to someone to whom you owed a duty of conduct. Typical Management Practices coverages you should consider are as follows:
 
·       Directors and officers liability  
·       Employment practice liability
·       Fiduciary liability
·       Professional liability/errors and omissions  
·       Kidnap and ransom and extortion
·       Crime/employee dishonesty
·       Cyber/data breach liability
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