Skip to main content

Does D&O cover defamation?

default avatarPlan Cover Staff asked 1 month ago

1 Answers

Best Answer

default avatarSrinivasan Mahadevan Staff answered 4 weeks ago

Defamation is making a false statement that harms the reputation of another person or business, and comes in two forms – libel and slander. Slander occurs when someone makes a false defamatory statement verbally. Libel occurs when someone makes a false defamatory statement in writing. These damaging statements can’t simply be someone’s opinion, though. For a false statement to be considered defamation, it must be presented as fact.
D&O liability insurance policies covers employee related humiliation and defamation if an employee makes a claim against a director involving actual or alleged act surrounding defamation. 

Get Your FREE QUOTE