FACT! A director of a limited company does not personally have limited liability.
Don’t think that because you work in a small company that you are not as vulnerable as the CEO of a large corporation.
Claims can come from Employees, Shareholders, Customers, Suppliers.
Cover can be obtained for claims arising from:
- Data Protection Act
- Health & Safety at Work Act
- Companies Act
- Racial & Sex Discrimination
- EEC Directives and Regulations
- Insolvency Act (wrongful trading)
- Consumer Protection