FRANÇAIS  
Chartered Accountants of Canada
Decisions matter.
Subscribe / Unsubscribe
Annual Report 2008-2009 Navigating in Turbulent Times
RSS Feed

 

20 Questions Directors Should Ask about Directors' and Officers' Liability Indemnification and Insurance

March 2008
By Richard J. Berrow, B.A., LL.B.

Directors face a range of legal exposures in respect of their association with and fiduciary duty to a corporation. They increasingly look to the state of their indemnities and insurance and to their professional advisors for assurances that they have an appropriate level of protection in place. Boards are well advised to take an active interest in their corporation’s provisions for indemnification and insurance for directors' and officers' liability.

20 Questions Directors Should Ask About Directors’ and Officers’ Liability Indemnification and Insurance will help directors understand the protection available to them under corporate indemnification and directors’ and officers’ insurance. The document discusses indemnification and insurance in three sections: indemnification, insurance coverage, and insurance claims, and provides questions that directors may ask the CEO and their professional advisors to ensure that they fully understand the protection available to them.

Purchase a hard copy

Download a soft copy