Coverage line
Directors & Officers
An investor or regulator sues you personally over how you ran the company. This protects your own money as well as the company's.
Built for moments like these.
After a down round, an early investor sues the board over the pipeline story.
Covered: Investor suit, personal
A regulator opens an inquiry into your AI capability claims. Leadership needs counsel.
Covered: Regulator attention
The classic mix-up
A customer sues because your product failed them.
Not this policy
→ Professional Liability (Tech E&O) answers this oneEasy to confuse.
Directors & Officers
You, personally.
This page
When to buy
At or before your first priced round; term sheets usually require it.
Typical ask: $1M–$3M for venture-backed companies.
Who requires it
Term sheets and incoming board members.
How hard to get
Easy to get
Quick for venture-backed companies with a clean story.
Common questions
When should a startup buy D&O insurance?
At or before the first priced round is the norm. Term sheets frequently require it as a closing condition, and incoming board members expect it before they take the seat.
Does D&O protect founders personally?
That is its purpose. When a suit names directors or officers personally over decisions made running the company, the policy funds their defense and covered losses instead of their personal assets.
Keep reading
Describes a line of coverage in general terms. Not an offer of insurance.