What is Management Liability Insurance?
Consider that your Public Liability Insurance will protect a business against costs arising from claims made by third parties including injury and property damage, but will typically exclude exposures that a Management Liability policy will cover.
Management Liability Insurance protects the Directors and Officers of your startup, as well as the company against a Wrongful Act committed in the management of the company which presents significant exposures that can arise in general day-to-day activities for any company.
Key protection features of our Management Liability policies:
- Workplace Health & Safety incidents
- Employment Issues (ie. unfair dismissal, failure to promote, etc.)
- Tax Audits / Investigations
- Employee Theft
- Your actions as a Director or Officer
- Statutory Liability
The purpose of a Management Liability policy is to protect the directors and officers of your startup from the exposures that can arise from the day-to-day management of any company.
Startupcover assesses the risks of your startup and offers the appropriate policies suitable to your needs.