Business insurance
Management Liability Insurance
Management liability insurance can combine several areas of protection for private companies and their directors or managers. Depending on the policy, this may include directors and officers liability, employment practices liability, statutory liability, crime and company reimbursement sections.
Points to check
- Which sections are selected, and which entities, directors and employees are insured? Employment, crime and management sections can differ.
- Check notification requirements, limits, excesses and exclusions for each section rather than assuming a uniform response.
- Not every fine, penalty or deliberate act is insurable; legal restrictions and the policy wording matter.
Key considerations
- Directors and officers
- Employment practices
- Statutory liability
- Crime
Important information
Eligibility, cover and acceptance are subject to the relevant insurer’s criteria, policy terms, conditions, limits and exclusions. Review the relevant Product Disclosure Statement and policy documentation before deciding.
Start a conversation
Talk to CPC about your circumstances and the insurance options that may be available.