Management Liability Insurance protects the individuals and the company in relation to the exposures associated with managing a company (i.e. your liability for mismanagement).
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Liability Insurance protects the individuals and the company / entity (i.e. Company, Association or Non-for-Profit) in relation to the exposures associated with managing a company / entity (i.e. your liability for mismanagement). Without adequate protection you could risk losing, not only the company / entity, but also your personal assets. This insurance protects you personally and therefore your wealth and lifestyle. The legal costs to defend allegations of wrongful acts alone can be financially crippling for companies / entities and individual
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