No. D&O insurance and General Liability insurance address different types of risk. General Liability typically covers bodily injury or property damage, while D&O focuses on governance-related claims, such as allegations involving management decisions or fiduciary responsibility. Most organizations need both as part of a broader insurance program.

Claims can arise from a variety of situations, including employment-related disputes, disagreements over financial management, or allegations that bylaws or regulations were not followed. Even when claims are unfounded, responding to them can be time-consuming and costly without proper coverage.

They can be. In some situations, individual board members or officers may be named alongside the organization. D&O insurance is designed to help address this risk by providing protection at both the individual and organizational level, depending on the policy structure.

There is no one-size-fits-all answer. Coverage limits depend on factors such as organizational size, budget, staffing, activities, and regulatory exposure. Part of our role is helping boards understand how these factors influence appropriate coverage levels.

Generally, no. Most policies exclude fraudulent, criminal, or intentionally harmful acts. D&O insurance is intended to support good-faith decision-making and governance—not to protect against deliberate misconduct.

D&O coverage should be reviewed regularly, especially when there are changes in board composition, staffing, operations, funding sources, or regulatory requirements. Periodic review helps ensure the policy continues to reflect how the organization actually operates.