There are plenty of misperceptions and marketplace myths when itcomes to the need for directors and officers liability insurance,especially for privately owned, emerging and midsizedcompanies.

Three myths in particular are all too common, any one of whichcan leave directors and officers seriously exposed to high legalcosts and potentially crippling damage claims in heavy-dutylawsuits.

Therefore, corporate insurance buyers, along with their agentsand brokers, need to be vigilant not to fall victim to thefollowing trio of myths:

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