Fidelity and deposit enhances D&O for financial institutions

Fidelity and deposit enhances D&O for financial institutions

The Fidelity and Deposit Company has begun offering an enhanced directors and officers (D&O) coverage, D&O SelectPlus, offering broader, more flexible coverage to meet the specialized needs of financial institution customers. This updated product features:

Flexibility to select types of coverage so a customer can build a customized D&O package

Broadened extended reporting period (ERP)-the customer now has 60 days vs. 30 days to report

Broadened entity coverage-the policy now offers coverage for the entity for employment practices liability, lenders liability, securities liability and trust department liability, in addition to other claims made against the entity

A streamlined application.

F&D is part of Zurich U.S. and is a member of the Zurich Financial Services Group. For more information, visit F&D’s Web site (www.fidelityanddeposit.com) or call (800) 821-4635.

Copyright Rough Notes Co., Inc. Feb 2001

Provided by ProQuest Information and Learning Company. All rights Reserved