The Director's and Officer's (Dando) liability policy offers protection to current, future, and past director's and officer's of a company against the consequences/lawsuits filed by shareholder, regulator, state investigator or other third parties for  actual or alleged wrongful acts when acting in the scope of their managerial duties .  The Dando is a claims made basis claims are only covered if they are made when the policy is in effect.

The Policy also covers the Director's and Officer's personal assets which may be used to satisfy plaintiff's demand for damages arising from these lawsuits