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Management Liability

Directors and office bearers of all size companies are risking their personal wealth if existing Directors and Officers policies are not extended to full Management Liability policies including; 

Statutory Liability

 

Protection against fines or penalties arising out of breaches of Acts of Parliament, plus the Legal Costs accrued in defending the prosecution. This cover does not extend to breaches of Consumer Protection Acts by the Named Organisation.

 

Defence Costs Indemnity

 

Legal costs accrued for any investigation, examination, or other hearing and attendance at any inquiry, including Coronial Inquests and Royal Commissions. This cover does not extend to Commercial and Contractual disputes

 

Employment Practices Liability

 

Liability for damages and legal costs incurred due to Employment Practices, i.e. wrongful termination, failure to promote, refusal to employ, demotion, harassment (including invasion of privacy), unlawful bullying etc.

 

For more information please contact any TCIS office.

 

 

 

 For further information or quote please click here


Tuesday, 25 October 2011
Group: Newsflash
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