As a Director of a block of flats, it is imperative that you protect yourself against any legal issues.
Directors & Officers insurance is not costly, and provides protection for you.
Directors and officers can be held personally liable for their actions, so taking out Directors & Officers Liability insurance provides defence costs and/or compensation for civil liability charges relating to a “wrongful act” in connection with RMC matters. Such acts are defined as any actual or alleged:
Breach of trust
Breach of warranty
If you require further information, please do not hesitate to get in touch and we will be happy to help.