A diverse group of board members The D&O and EPL premiums for coverage may seem daunting to small business owners. However, small businesses will find it even more difficult to retain the average claim cost of $120,000 and $69,000 for D&O and EPL, respectively. (Credit: fizkes/Adobe Stock)

Even in our increasingly litigious society, many small business owners think they're too small to fall victim to directors and officers (D&O) liability claims.

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