Executive Liability Insurance
Businesses can be sued for any number of actions or inactions that cause financial harm to third parties. Often, certain acts of employees or directors can be viewed as self-serving, designed to deprive third parties of their rights in equity and law. Damages, caused by the wrongful acts of employees or directors, are not covered under the General Liability policy, creating a personal liability for these individuals.

Executive liability programs were created to fill the coverage gap by amending the definition of occurrence from "bodily injury or property damage" to any "wrongful act." The programs are called "executive liability" because the actions brought forward are in the names of officers, directors or key managers. These are:

• Directors and Officers Liability Insurance
• Errors and Omissions Liability Insurance
• Kidnap and Ransom Insurance
• Fiduciary Liability Insurance

Let us work with you to ensure your key executives have the coverage that's best.

Insurance available through People's United Bank and People's Securities, Inc., a subsidiary of People's United Bank, member NASD and SIPC, or RC Knox & Company, insurance subsidiary of People's United Bank. Property and casualty insurance available through RC Knox & Company.

• NOT A DEPOSIT
• NOT FDIC-INSURED
• NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
• NOT GUARANTEED BY THE BANK OR AFFILIATES
• MAY GO DOWN IN VALUE