Prospectus Liability Insurance
Designed to provide coverage for claims arising out of misleading or inaccurate information in a prospectus.
As investors rely on the information therein to make their investment decisions, a carefully constructed Prospectus Liability Insurance policy will provide protection to both the directors, officers, employees, and the company, against claims by shareholders.
How do I choose the right cover?
Cover will vary based on your business. The right insurance for your business will be dependent on the costs associated with claims that may be brought against you as a company and the insured individuals as well as the possibility of follow-on claims.
What Does Prospectus Liability Insurance Cover?
Typically, a Prospectus Liability policy will cover damages, settlements, and defence costs. Most policies will extend cover to the company and its directors and officers for claims made against them.