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| 200 East Randolph Street |
| 8th Floor Chicago, IL 60601 |
| Telephone: (800) 323-2743 |
| Facsimile: (312) 381-6195 |
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Bankers Insurance Service - Directors & Officers Liability
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| Directors & Officers Liability |
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| Downloadable Forms and Applications |
| Application [PDF] |
| Fact Sheet [PDF] |
| Mortgage Banker/Broker Insurance Needs [PDF] |
| Who to Contact |
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| Product Details |
| Protects individuals against suits arising from their role as a director or officer of the firm. |
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Available Features Include: |
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Policy designed specifically for privately held mortgage banking companies
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"Pay on behalf" language
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Definition of claim includes written or oral demands for damages or other relief
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Automatic coverage of new subsidiaries if their assets are less than 25% of the parent company's assets
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Improper establishment of corporate policies
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Improper establishment of employment policies
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Misrepresentation to investment bankers
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Failure to comply with SEC regulations when selling or registering mortgage-backed securities
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IPO & private placement misrepresentation
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Shareholder disputes
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Policy is non-cancelable by the underwriter, except for non-payment of premium
If you would like additional information, please fill out this short form. | |
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