{"id":10225,"date":"2026-09-18T09:31:38","date_gmt":"2026-09-18T06:31:38","guid":{"rendered":"https:\/\/manramu.lt\/business-insurance\/directors-and-officers-liability-insurance\/"},"modified":"2026-09-24T21:06:22","modified_gmt":"2026-09-24T18:06:22","slug":"directors-and-officers-liability-insurance","status":"publish","type":"page","link":"https:\/\/manramu.lt\/en\/business-insurance\/directors-and-officers-liability-insurance\/","title":{"rendered":"Directors&#8217; and officers&#8217; liability insurance"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"10225\" class=\"elementor elementor-10225 elementor-9701\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1da20bcc e-con-full e-flex e-con e-parent\" data-id=\"1da20bcc\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-39654cee e-flex e-con-boxed e-con e-child\" data-id=\"39654cee\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7b9ebff1 elementor-widget elementor-widget-heading\" data-id=\"7b9ebff1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Directors and Officers (D&amp;O) Liability Insurance<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-29ad49dd elementor-widget elementor-widget-text-editor\" data-id=\"29ad49dd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>This insurance protects company executives and members of governing bodies against personal liability for decisions made while performing their duties. An executive&#8217;s liability is personal and is not limited by the amount of their salary or the company&#8217;s share capital. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4ba209a3 elementor-align-center elementor-mobile-align-center elementor-widget elementor-widget-button\" data-id=\"4ba209a3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/pro.manramu.lt\/products\/liability\/directors-officers\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Fill out the questionnaire<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-33dd7434 elementor-widget elementor-widget-template\" data-id=\"33dd7434\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<div data-elementor-type=\"section\" data-elementor-id=\"5694\" class=\"elementor elementor-5694\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-f36dbab mr-trust-insurer-logos mr-trust-insurer-logos--compact elementor-section-content-space-between elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f36dbab\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wide\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-34b3e910\" data-id=\"34b3e910\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3e680bf6 elementor-widget elementor-widget-ucaddon_logo_grid\" data-id=\"3e680bf6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_logo_grid.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n<!-- start Logo Grid -->\n<style>\/* widget: Logo Grid *\/\n\n#uc_logo_grid_elementor_3e680bf6 {\n  display: grid;\n}\n#uc_logo_grid_elementor_3e680bf6 .ue-logo-title\n{\n  width:100%;\n  position:absolute;\n  bottom:0;\n  text-align:center;\n  left:0;\n}\n\n#uc_logo_grid_elementor_3e680bf6 div.logo-grid-item\n{\ntext-align:center;\ndisplay:flex;\nflex-direction:column;\njustify-content:center;\nalign-items:center;\noverflow:hidden;\n  position:relative;\n  transition:0.3s;\n\n}\n\n#uc_logo_grid_elementor_3e680bf6 div.logo-grid-item img\n{\nwidth:100%;\n  object-fit: contain;\n  display:block;\n  mix-blend-mode: normal;\n  position:absolute;\n  top:0;\n  left:0;\n  right:0;\n  bottom:0;\n  height:100%;\n  transition:0.3s;\n}\n\n\n\n#uc_logo_grid_elementor_3e680bf6 a\n{\n  display:block;\n  position:absolute;\n  top:0;\n  left:0;\n  right:0;\n  bottom:0;\n  cursor:pointer;\n  display:flex;\njustify-content:center;\nalign-items:center;\n}\n\n<\/style>\n\n<div id=\"uc_logo_grid_elementor_3e680bf6\" class=\"ue-logo-grid uc-items-wrapper \" >\n\t\t   <div class=\"logo-grid-item elementor-animation-float\" >\n   \n\t<a href=\"https:\/\/manramu.lt\/balcia-draudimas\/\" > \n\t\n  \n    <img decoding=\"async\" src=\"https:\/\/manramu.lt\/wp-content\/uploads\/2025\/05\/Balcia-logo.svg\" title=\"Balcia\"  src=\"https:\/\/manramu.lt\/wp-content\/uploads\/2025\/05\/Balcia-logo.svg\" alt=\"Balcia logo\">\n      \t\n      \n  <\/a>\n  \t\n<\/div>\n<div class=\"logo-grid-item elementor-animation-float\" >\n   \n\t<a href=\"https:\/\/manramu.lt\/bta-draudimas\/\" > \n\t\n  \n    <img decoding=\"async\" src=\"https:\/\/manramu.lt\/wp-content\/uploads\/2025\/06\/BTA-logo.svg\" title=\"BTA\"  src=\"https:\/\/manramu.lt\/wp-content\/uploads\/2025\/06\/BTA-logo.svg\" alt=\"BTA logo\" width=\"150\" height=\"150\">\n      \t\n      \n  <\/a>\n  \t\n<\/div>\n<div class=\"logo-grid-item elementor-animation-float\" >\n   \n\t<a href=\"https:\/\/manramu.lt\/compensa-draudimas\/\" > \n\t\n  \n    <img decoding=\"async\" src=\"https:\/\/manramu.lt\/wp-content\/uploads\/2025\/04\/Compensa-logo.svg\" title=\"Compensa\"  src=\"https:\/\/manramu.lt\/wp-content\/uploads\/2025\/04\/Compensa-logo.svg\" 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href=\"https:\/\/manramu.lt\/lietuvos-draudimas\/\" > \n\t\n  \n    <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/manramu.lt\/wp-content\/uploads\/2025\/04\/LietuvosDraudimas-logo.svg\" title=\"LD\"  src=\"https:\/\/manramu.lt\/wp-content\/uploads\/2025\/04\/LietuvosDraudimas-logo.svg\" alt=\"LietuvosDraudimas-logo\" width=\"100\" height=\"59\">\n      \t\n      \n  <\/a>\n  \t\n<\/div>\n\n    <\/div>\n<!-- end Logo Grid -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7e9b917c e-con-full e-flex e-con e-parent\" data-id=\"7e9b917c\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-1dfdb414 e-flex e-con-boxed e-con e-child\" data-id=\"1dfdb414\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6ca8ac1f elementor-widget elementor-widget-heading\" data-id=\"6ca8ac1f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Who is this insurance relevant for?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-20f29a6d elementor-widget elementor-widget-text-editor\" data-id=\"20f29a6d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The insurance is intended for persons who make management decisions: managers, members of the board and supervisory board, financial directors. The risk does not depend on the size of the company \u2014 it depends on how many decisions are made and what their financial consequences are. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2449b909 e-con-full e-flex e-con e-child\" data-id=\"2449b909\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-b23c39f e-con-full e-flex e-con e-child\" data-id=\"b23c39f\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4f9dae31 elementor-widget elementor-widget-heading\" data-id=\"4f9dae31\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Relevant if you or your company<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-53d1e064 elementor-widget elementor-widget-text-editor\" data-id=\"53d1e064\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>has a hired manager or a management board<\/li><li>is planning the sale or merger of the business or the attraction of an investor<\/li><li>uses borrowed capital or has significant creditors<\/li><li>works in a regulated area or participates in public procurement<\/li><li>is growing rapidly or, conversely, is experiencing financial difficulties<\/li><li>has several shareholders with differing interests<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5274371a e-con-full e-flex e-con e-child\" data-id=\"5274371a\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a853373 elementor-widget elementor-widget-heading\" data-id=\"a853373\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Who can be insured<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-75d4dfd4 elementor-widget elementor-widget-text-editor\" data-id=\"75d4dfd4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>The head of the company and their deputies<\/li><li>Members of the Management Board and the Supervisory Board<\/li><li>Chief Financial Officer and other senior executives<\/li><li>Former executives regarding decisions made during their term of office<\/li><li>Heads of subsidiaries<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-20b24833 elementor-widget elementor-widget-text-editor\" data-id=\"20b24833\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><small>Some insurers extend coverage to the executive&#8217;s spouse and heirs as well, because recovery actions can affect the couple&#8217;s joint assets.<\/small><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-172645ba e-con-full e-flex e-con e-parent\" data-id=\"172645ba\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-66c67851 e-flex e-con-boxed e-con e-child\" data-id=\"66c67851\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-72da8429 elementor-widget elementor-widget-heading\" data-id=\"72da8429\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What does D&amp;O insurance protect against?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-18606427 elementor-widget elementor-widget-text-editor\" data-id=\"18606427\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The coverage typically consists of several components: the executive&#8217;s personal liability, reimbursement of defense costs incurred by the company, and claims related to employment relationships. Legal defense costs are covered regardless of whether the claim is ultimately found to be well-founded. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-43271e17 e-con-full e-flex e-con e-child\" data-id=\"43271e17\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-47e47f83 e-con-full e-flex e-con e-child\" data-id=\"47e47f83\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7b530efb elementor-widget elementor-widget-heading\" data-id=\"7b530efb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Standard protection<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6b194711 elementor-widget elementor-widget-text-editor\" data-id=\"6b194711\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>The manager&#8217;s personal liability for management decisions<\/li><li>Costs of legal defense, investigation, and representation<\/li><li>Institutional inspections, inquiries, and investigations<\/li><li>Expenses incurred by the company in defending its executives<\/li><li>Claims regarding employment relationships \u2014 unfair dismissal, discrimination, harassment<\/li><li>Claims brought by one insured person against another<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-21b7e29c e-con-full e-flex e-con e-child\" data-id=\"21b7e29c\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-12a11417 elementor-widget elementor-widget-heading\" data-id=\"12a11417\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Can be expanded separately.<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4e5d9b15 elementor-widget elementor-widget-text-editor\" data-id=\"4e5d9b15\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>Company&#8217;s liability regarding securities<\/li><li>Responsibility for organizing public procurement<\/li><li>Heads of subsidiaries and newly acquired companies<\/li><li>Activities and requirements in foreign jurisdictions<\/li><li>Protection against claims after contract expiry<\/li><li>Defense costs in tax disputes<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4ed9606 e-con-full e-flex e-con e-parent\" data-id=\"4ed9606\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-1f79828 e-flex e-con-boxed e-con e-child\" data-id=\"1f79828\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1c931b89 elementor-widget elementor-widget-heading\" data-id=\"1c931b89\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Why is the manager personally liable?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3da78537 elementor-widget elementor-widget-text-editor\" data-id=\"3da78537\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The liability of the head of a legal entity and a member of the management board is delictual in nature\u2014it arises not from a contract, but from unlawful acts or omissions that have caused damage (Article 6.245, Paragraph 4 of the Civil Code). This means that the principle of limited liability, which protects shareholders, does not protect the head of the entity. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-758dd66f e-con-full e-flex e-con e-child\" data-id=\"758dd66f\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-734465f4 elementor-widget elementor-widget-text-editor\" data-id=\"734465f4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Fault is presumed.<\/strong> Tort liability is governed by the general terms: tort, damage, causation and fault. In civil relations, guilt is presumed (Articles 6.246-6.249 of the Civil Code). <\/p><p>The practical consequence is that the burden of proof shifts: it is not the plaintiff who must prove that the manager acted improperly, but rather the manager who must prove that they acted with due care and prudence. Consequently, meeting minutes, the rationale behind decisions, and records of consultations become the foundation of the defense\u2014and the process of gathering and evaluating them entails costs even before the case is heard. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6e8637d4 elementor-widget elementor-widget-text-editor\" data-id=\"6e8637d4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Liability is not limited to the amount of remuneration, share capital, or company assets. If a claim is upheld, recovery is sought from the manager&#8217;s personal assets. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5c4e9d34 elementor-widget elementor-widget-text-editor\" data-id=\"5c4e9d34\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div><table style=\"width:100%;border-collapse:collapse;background:#FFFFFF;border-radius:12px\"><thead><tr><th style=\"padding:10px 12px;border-bottom:2px solid #00A3B4;text-align:left;color:#00A3B4;font-weight:600\">Who makes the claim?<\/th> <th style=\"padding:10px 12px;border-bottom:2px solid #00A3B4;text-align:left;color:#00A3B4;font-weight:600\">What is it regarding?<\/th> <th style=\"padding:10px 12px;border-bottom:2px solid #00A3B4;text-align:left;color:#00A3B4;font-weight:600\">When is it most often made?<\/th><\/tr><\/thead><tbody><tr><td style=\"padding:10px 12px;border-bottom:1px solid #D6E8E5;vertical-align:top\">The company itself <\/td><td style=\"padding:10px 12px;border-bottom:1px solid #D6E8E5;vertical-align:top\">losses due to management decisions<\/td>; <td style=\"padding:10px 12px;border-bottom:1px solid #D6E8E5;vertical-align:top\">change of ownership or management<\/td>.<\/tr><tr><td style=\"padding:10px 12px;border-bottom:1px solid #D6E8E5;vertical-align:top\">Creditors and the insolvency administrator<\/td>; <td style=\"padding:10px 12px;border-bottom:1px solid #D6E8E5;vertical-align:top\">Late filing for insolvency, unlawful transactions;<\/td> <td style=\"padding:10px 12px;border-bottom:1px solid #D6E8E5;vertical-align:top\">In insolvency and bankruptcy proceedings<\/td><\/tr><tr><td style=\"padding:10px 12px;border-bottom:1px solid #D6E8E5;vertical-align:top\">Shareholders<\/td>; <td style=\"padding:10px 12px;border-bottom:1px solid #D6E8E5;vertical-align:top\">Diminished value, conflict of interest<\/td>; <td style=\"padding:10px 12px;border-bottom:1px solid #D6E8E5;vertical-align:top\">Disputes between shareholders<\/td><\/tr><tr><td style=\"padding:10px 12px;border-bottom:1px solid #D6E8E5;vertical-align:top\">State institutions<\/td>; <td style=\"padding:10px 12px;border-bottom:1px solid #D6E8E5;vertical-align:top\">Violations of legal acts, personal fines<\/td>; <td style=\"padding:10px 12px;border-bottom:1px solid #D6E8E5;vertical-align:top\">During inspections and investigations<\/td><\/tr><tr><td style=\"padding:10px 12px;border-bottom:1px solid #D6E8E5;vertical-align:top\">Employees<\/td>; <td style=\"padding:10px 12px;border-bottom:1px solid #D6E8E5;vertical-align:top\">Unlawful dismissal, discrimination<\/td>; <td style=\"padding:10px 12px;border-bottom:1px solid #D6E8E5;vertical-align:top\">Labor disputes<\/td><\/tr><\/tbody><\/table><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-11118969 elementor-widget elementor-widget-text-editor\" data-id=\"11118969\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The second approach is the most common in Lithuanian practice: the duties of a manager in the event of insolvency are governed by the Law on the Insolvency of Legal Entities, and failure to fulfill them entails personal liability for the damage suffered by creditors.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2d6d7b47 e-con-full e-flex e-con e-parent\" data-id=\"2d6d7b47\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-6be6a6f3 e-flex e-con-boxed e-con e-child\" data-id=\"6be6a6f3\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4bee65ce elementor-widget elementor-widget-heading\" data-id=\"4bee65ce\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What does this insurance not cover?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1967e159 elementor-widget elementor-widget-text-editor\" data-id=\"1967e159\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>D&amp;O insurance covers errors and negligence in company management. It does not cover intentional acts or the pursuit of personal gain\u2014and it is precisely these exclusions that vary the most among insurers offering this product. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-60d155af e-con-full e-flex e-con e-child\" data-id=\"60d155af\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-2a961eb0 e-con-full e-flex e-con e-child\" data-id=\"2a961eb0\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6e0c712e elementor-widget elementor-widget-heading\" data-id=\"6e0c712e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Not included in the coverage<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-606768d9 elementor-widget elementor-widget-text-editor\" data-id=\"606768d9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>Intentional unlawful acts and fraud<\/li><li>Obtaining personal gain through unlawful means<\/li><li>Intentional violation of legal acts<\/li><li>Known claims and circumstances prior to the conclusion of the contract<\/li><li>Physical damage to a person or property<\/li><li>The Company&#8217;s contractual obligations and debts<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-38d09b8c e-con-full e-flex e-con e-child\" data-id=\"38d09b8c\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-860ea08 elementor-widget elementor-widget-heading\" data-id=\"860ea08\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Covered by separate products<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1ef0b9dc elementor-widget elementor-widget-text-editor\" data-id=\"1ef0b9dc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>Errors in providing services to a client \u2192 professional civil liability<\/li><li>Bodily injury to third parties \u2192 general civil liability<\/li><li>Harm to employee&#8217;s health \u2192 employer&#8217;s civil liability<\/li><li>Cyber \u200b\u200bincidents \u2192 cyber risk insurance<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6d873641 elementor-widget elementor-widget-text-editor\" data-id=\"6d873641\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>An important nuance: the exclusion for willful misconduct and fraud usually applies only after a final court judgment. Until then, defense costs are typically covered, though they may be reclaimed later if willful misconduct is proven. It is worth checking the specific wording in each individual offer.  <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6ba211e8 e-con-full e-flex e-con e-parent\" data-id=\"6ba211e8\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-34c23d2a e-flex e-con-boxed e-con e-child\" data-id=\"34c23d2a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4b6542d1 elementor-widget elementor-widget-heading\" data-id=\"4b6542d1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What determines the cost of D&amp;O insurance?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6114e030 elementor-widget elementor-widget-text-editor\" data-id=\"6114e030\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The price is determined by the company&#8217;s financial condition, field of activity, management structure, and the selected limit. Unlike many other types of insurance, the focus here is not on assets or the number of employees, but on decision-making risk. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-db71e82 elementor-widget elementor-widget-text-editor\" data-id=\"db71e82\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li><strong>Financial position.<\/strong> Profitability, debt level, liquidity. Financial difficulties increase the likelihood of insolvency claims. <\/li><li><strong>Annual turnover and asset value.<\/strong><\/li><li><strong>Area of \u200b\u200bactivity.<\/strong> Regulated sectors\u2014construction, finance, and public procurement\u2014are subject to stricter scrutiny.<\/li><li><strong>Management structure.<\/strong> Number of executives and board members, subsidiaries, shareholder composition.<\/li><li><strong>Geography.<\/strong> The operation or parent company outside the EU changes the assessment due to a different legal practice.<\/li><li><strong>Planned transactions.<\/strong> A sale, merger, or capital raising are circumstances evaluated separately.<\/li><li><strong>History of claims.<\/strong><\/li><li><strong>Limit, aggregate, and deductible.<\/strong> A deductible is often not applied to the manager&#8217;s personal liability.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2dc3afb7 e-con-full e-flex e-con e-parent\" data-id=\"2dc3afb7\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-75eeea7d e-flex e-con-boxed e-con e-child\" data-id=\"75eeea7d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2676ad52 elementor-widget elementor-widget-heading\" data-id=\"2676ad52\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What to decide before taking out insurance<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-41899b1c elementor-widget elementor-widget-text-editor\" data-id=\"41899b1c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>D&amp;O insurance, like professional liability insurance, operates on a &#8220;claims-made&#8221; basis: it is the date the claim is made that matters, not the date of the judgment. Therefore, the most important parameters are not the price, but continuity and the notification procedure. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6e088872 elementor-widget elementor-widget-text-editor\" data-id=\"6e088872\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li><strong>Retroactive date.<\/strong> From what point in time are previous decisions covered? When changing insurers, this date must not shift forward. <\/li><li><strong>Aggregate limit and separate sub-limits.<\/strong> A manager&#8217;s personal liability, company defense costs, and employment claims often have separate limits.<\/li><li><strong>What constitutes a requirement.<\/strong> Does an official letter, inquiry, or initiated investigation from an institution already constitute a reportable event?<\/li><li><strong>Reporting deadline and channels.<\/strong><\/li><li><strong>Former and future leaders.<\/strong> Does the protection extend to decisions from previous terms and to newly appointed individuals?<\/li><li><strong>Subsidiaries.<\/strong><\/li><li><strong>Protection after contract termination.<\/strong> Period for submitting claims following the cessation of operations or the sale of the company.<\/li><li><strong>How the exceptions regarding intent and personal gain are formulated.<\/strong><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-59c16717 e-con-full e-flex e-con e-child\" data-id=\"59c16717\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-235d3ae2 elementor-widget elementor-widget-text-editor\" data-id=\"235d3ae2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Why reporting discipline is critical.<\/strong> A reportable event may be considered to be not only a lawsuit but also a letter received from an authority or notification of an investigation being initiated. A notification that is late or submitted via the wrong channel is one of the most common reasons for losing the right to a payout\u2014even when the risk itself was insured. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3ec4c420 e-con-full e-flex e-con e-parent\" data-id=\"3ec4c420\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-725e836a e-flex e-con-boxed e-con e-child\" data-id=\"725e836a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-21f82db3 elementor-widget elementor-widget-heading\" data-id=\"21f82db3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What you will need to fill out the questionnaire<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-291ed146 elementor-widget elementor-widget-text-editor\" data-id=\"291ed146\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>We will retrieve the company name, address, and NACE code from the Centre of Registers\u2014you simply need to enter the company code. It is useful to have the following ready in advance: <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4661b245 elementor-widget elementor-widget-text-editor\" data-id=\"4661b245\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>Financial statements for the last year \u2014 turnover, profit, assets, and liabilities.<\/li><li>The management structure \u2014 the number of executives and board members<\/li><li>Shareholder structure and subsidiaries<\/li><li>The desired sum insured per event and in total per year<\/li><li>Information on planned transactions, if any<\/li><li>Claims and known circumstances over the past five years<\/li><li>Details of the existing policy \u2014 insurer, limit, retroactive date<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-66aba66d elementor-widget elementor-widget-text-editor\" data-id=\"66aba66d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The questionnaire takes about 6\u20138 minutes to complete. Financial data is the most important part\u2014both the price and the terms depend heavily on it. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-112ed0b4 elementor-align-center elementor-mobile-align-center elementor-widget elementor-widget-button\" data-id=\"112ed0b4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/pro.manramu.lt\/products\/liability\/directors-officers\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Fill out the questionnaire<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6d14c961 e-con-full e-flex e-con e-parent\" data-id=\"6d14c961\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-1a9579eb e-flex e-con-boxed e-con e-child\" data-id=\"1a9579eb\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-fc85d80 elementor-widget elementor-widget-heading\" data-id=\"fc85d80\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Frequently Asked Questions<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-16d946af elementor-widget elementor-widget-n-accordion\" data-id=\"16d946af\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;default_state&quot;:&quot;expanded&quot;,&quot;max_items_expended&quot;:&quot;one&quot;,&quot;n_accordion_animation_duration&quot;:{&quot;unit&quot;:&quot;ms&quot;,&quot;size&quot;:400,&quot;sizes&quot;:[]}}\" data-widget_type=\"nested-accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"e-n-accordion\" aria-label=\"Accordion. Open links with Enter or Space, close with Escape, and navigate with Arrow Keys\">\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-3830\" class=\"e-n-accordion-item\" open>\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"1\" tabindex=\"0\" aria-expanded=\"true\" aria-controls=\"e-n-accordion-item-3830\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><h3 class=\"e-n-accordion-item-title-text\"> Is the manager really liable with their personal assets? <\/h3><\/span>\n\t\t\t\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-3830\" class=\"elementor-element elementor-element-3781e52b e-con-full e-flex e-con e-child\" data-id=\"3781e52b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9fa028e elementor-widget elementor-widget-text-editor\" data-id=\"9fa028e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"qa unrolled\"><div class=\"qa-answer\">Yes. The liability of a legal entity\u2019s head and board member is delictual (Article 6.245, Paragraph 4 of the Civil Code) and arises personally. It is not limited by the amount of remuneration or share capital\u2014a successful claim is satisfied from the head\u2019s personal assets.  <\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-3831\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"2\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-3831\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><h3 class=\"e-n-accordion-item-title-text\"> Why is it said that guilt is presumed? <\/h3><\/span>\n\t\t\t\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-3831\" class=\"elementor-element elementor-element-623f74ee e-con-full e-flex e-con e-child\" data-id=\"623f74ee\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-63145c43 elementor-widget elementor-widget-text-editor\" data-id=\"63145c43\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"qa unrolled\"><div class=\"qa-answer\">In civil law, fault is presumed (Articles 6.246\u20136.249 of the Civil Code). In practice, this means that the burden of proof lies not with the plaintiff to prove the manager&#8217;s fault, but with the manager to prove that they acted with due care and prudence. Therefore, the manner in which decisions are documented is important.  <\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-3832\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"3\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-3832\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><h3 class=\"e-n-accordion-item-title-text\"> Who most often makes a demand of the manager? <\/h3><\/span>\n\t\t\t\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-3832\" class=\"elementor-element elementor-element-2c6064fd e-con-full e-flex e-con e-child\" data-id=\"2c6064fd\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5a5335b7 elementor-widget elementor-widget-text-editor\" data-id=\"5a5335b7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"qa unrolled\"><div class=\"qa-answer\">Most often, it is the company itself\u2014following a change in ownership or management\u2014as well as creditors and the insolvency administrator during bankruptcy proceedings. Less frequently, it is shareholders, state institutions, and employees. <\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-3833\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"4\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-3833\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><h3 class=\"e-n-accordion-item-title-text\"> Does liability end upon leaving the position of manager? <\/h3><\/span>\n\t\t\t\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-3833\" class=\"elementor-element elementor-element-7199bbf5 e-con-full e-flex e-con e-child\" data-id=\"7199bbf5\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6ecc7f3f elementor-widget elementor-widget-text-editor\" data-id=\"6ecc7f3f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"qa unrolled\"><div class=\"qa-answer\">No. A claim can be brought even years after you have left office\u2014regarding decisions made while holding that position. Therefore, as your term comes to an end, it is worth securing protection for the period during which claims may be filed.  <\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-3834\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"5\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-3834\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><h3 class=\"e-n-accordion-item-title-text\"> Does D&amp;O cover fines? <\/h3><\/span>\n\t\t\t\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-3834\" class=\"elementor-element elementor-element-6abb6f3f e-con-full e-flex e-con e-child\" data-id=\"6abb6f3f\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-67d7e9ff elementor-widget elementor-widget-text-editor\" data-id=\"67d7e9ff\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"qa unrolled\"><div class=\"qa-answer\">Partially and not in all cases. Costs associated with legal defense, investigations, and representation are broadly covered, whereas personal administrative fines are covered only to the extent permitted by law. In cases involving criminal liability, coverage is generally limited to defense costs.  <\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-3835\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"6\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-3835\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><h3 class=\"e-n-accordion-item-title-text\"> How does it differ from professional civil liability insurance? <\/h3><\/span>\n\t\t\t\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-3835\" class=\"elementor-element elementor-element-3b9ffa05 e-con-full e-flex e-con e-child\" data-id=\"3b9ffa05\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7dcb5096 elementor-widget elementor-widget-text-editor\" data-id=\"7dcb5096\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"qa unrolled\"><div class=\"qa-answer\">Professional liability covers errors made while providing services to a client. D&amp;O insurance covers the consequences of management decisions\u2014specifically, claims brought against an executive by the company itself, its shareholders, creditors, or regulatory authorities. <\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-3836\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"7\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-3836\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><h3 class=\"e-n-accordion-item-title-text\"> Does a small company whose manager is also the owner need D&amp;O insurance? <\/h3><\/span>\n\t\t\t\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-3836\" class=\"elementor-element elementor-element-60b776ce e-con-full e-flex e-con e-child\" data-id=\"60b776ce\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-333b1e71 elementor-widget elementor-widget-text-editor\" data-id=\"333b1e71\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"qa unrolled\"><div class=\"qa-answer\">The risk is lower, but it does not disappear. Claims may be brought by creditors and the insolvency administrator, or\u2014in the event of a business sale\u2014by new owners regarding decisions made during the prior period. It is precisely at the time of the transaction that D&amp;O insurance often becomes a requirement.  <\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-3837\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"8\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-3837\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><h3 class=\"e-n-accordion-item-title-text\"> How does the claim notification procedure work? <\/h3><\/span>\n\t\t\t\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-3837\" class=\"elementor-element elementor-element-46e306f8 e-con-full e-flex e-con e-child\" data-id=\"46e306f8\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-40f8105a elementor-widget elementor-widget-text-editor\" data-id=\"40f8105a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"qa unrolled\"><div class=\"qa-answer\">Insurance operates on a claims-based principle; therefore, it is essential to notify the insurer immediately\u2014and in the manner specified in the policy\u2014upon receiving a demand or even a formal letter from an authority. Late notification is one of the most common reasons for losing the right to a payout. <\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Is the manager really liable with their personal assets?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes. The liability of a legal entity\\u2019s head and board member is delictual (Article 6.245, Paragraph 4 of the Civil Code) and arises personally. It is not limited by the amount of remuneration or share capital\\u2014a successful claim is satisfied from the head\\u2019s personal assets.\"}},{\"@type\":\"Question\",\"name\":\"Why is it said that guilt is presumed?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"In civil law, fault is presumed (Articles 6.246\\u20136.249 of the Civil Code). In practice, this means that the burden of proof lies not with the plaintiff to prove the manager&#8217;s fault, but with the manager to prove that they acted with due care and prudence. Therefore, the manner in which decisions are documented is important.\"}},{\"@type\":\"Question\",\"name\":\"Who most often makes a demand of the manager?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Most often, it is the company itself\\u2014following a change in ownership or management\\u2014as well as creditors and the insolvency administrator during bankruptcy proceedings. Less frequently, it is shareholders, state institutions, and employees.\"}},{\"@type\":\"Question\",\"name\":\"Does liability end upon leaving the position of manager?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. A claim can be brought even years after you have left office\\u2014regarding decisions made while holding that position. Therefore, as your term comes to an end, it is worth securing protection for the period during which claims may be filed.\"}},{\"@type\":\"Question\",\"name\":\"Does D&amp;O cover fines?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Partially and not in all cases. Costs associated with legal defense, investigations, and representation are broadly covered, whereas personal administrative fines are covered only to the extent permitted by law. In cases involving criminal liability, coverage is generally limited to defense costs.\"}},{\"@type\":\"Question\",\"name\":\"How does it differ from professional civil liability insurance?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Professional liability covers errors made while providing services to a client. D&amp;O insurance covers the consequences of management decisions\\u2014specifically, claims brought against an executive by the company itself, its shareholders, creditors, or regulatory authorities.\"}},{\"@type\":\"Question\",\"name\":\"Does a small company whose manager is also the owner need D&amp;O insurance?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The risk is lower, but it does not disappear. Claims may be brought by creditors and the insolvency administrator, or\\u2014in the event of a business sale\\u2014by new owners regarding decisions made during the prior period. It is precisely at the time of the transaction that D&amp;O insurance often becomes a requirement.\"}},{\"@type\":\"Question\",\"name\":\"How does the claim notification procedure work?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Insurance operates on a claims-based principle; therefore, it is essential to notify the insurer immediately\\u2014and in the manner specified in the policy\\u2014upon receiving a demand or even a formal letter from an authority. Late notification is one of the most common reasons for losing the right to a payout.\"}}]}<\/script>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3a08856 e-con-full e-flex e-con e-parent\" data-id=\"3a08856\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-1f31a4bf e-flex e-con-boxed e-con e-child\" data-id=\"1f31a4bf\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6fca42dc elementor-widget elementor-widget-heading\" data-id=\"6fca42dc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Related insurance products<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4a83a7f1 elementor-widget elementor-widget-text-editor\" data-id=\"4a83a7f1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>D&amp;O covers the consequences of management decisions. These products cover related areas of liability. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4cc8dadf e-con-full e-flex e-con e-child\" data-id=\"4cc8dadf\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-a10f48c e-con-full e-flex e-con e-child\" data-id=\"a10f48c\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6601b0a0 elementor-widget elementor-widget-heading\" data-id=\"6601b0a0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Professional civil liability<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3301d0e6 elementor-widget elementor-widget-text-editor\" data-id=\"3301d0e6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>Financial losses incurred by the client due to errors in service provision<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-793523 e-con-full e-flex e-con e-child\" data-id=\"793523\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-179d68ff elementor-align-left elementor-mobile-align-center elementor-widget elementor-widget-button\" data-id=\"179d68ff\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/manramu.lt\/en\/business-insurance\/professional-civil-liability-insurance\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">More info<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-12eb7f70 e-con-full e-flex e-con e-child\" data-id=\"12eb7f70\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3c72aca6 elementor-widget elementor-widget-heading\" data-id=\"3c72aca6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">General civil liability<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-106f2708 elementor-widget elementor-widget-text-editor\" data-id=\"106f2708\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>Physical injury to third parties arising from operations, premises, or products.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-33ffcdd8 e-con-full e-flex e-con e-child\" data-id=\"33ffcdd8\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1982f9e5 elementor-align-left elementor-mobile-align-center elementor-widget elementor-widget-button\" data-id=\"1982f9e5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/manramu.lt\/en\/business-insurance\/general-civil-liability\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">More info<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6cfe1c46 e-con-full e-flex e-con e-child\" data-id=\"6cfe1c46\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4dd213fd elementor-widget elementor-widget-heading\" data-id=\"4dd213fd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Employer's civil liability<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4a046d77 elementor-widget elementor-widget-text-editor\" data-id=\"4a046d77\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>Damage to an employee&#8217;s health in the event of an accident at work<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-18e84b47 e-con-full e-flex e-con e-child\" data-id=\"18e84b47\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4285409f elementor-align-left elementor-mobile-align-center elementor-widget elementor-widget-button\" data-id=\"4285409f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/manramu.lt\/en\/business-insurance\/employers-civil-liability-insurance\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">More info<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-305ab9f4 elementor-widget elementor-widget-heading\" data-id=\"305ab9f4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Protect yourself and your decisions.<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-17ed16c5 elementor-widget elementor-widget-text-editor\" data-id=\"17ed16c5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Fill out the questionnaire to receive offers from leading Lithuanian insurers and compare not only prices but also limits, retroactive dates, and exclusion wording.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-65e8210d elementor-align-center elementor-mobile-align-center elementor-widget elementor-widget-button\" data-id=\"65e8210d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/pro.manramu.lt\/products\/liability\/directors-officers\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Fill out the questionnaire<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4481bd9b elementor-widget elementor-widget-text-editor\" data-id=\"4481bd9b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><small>We store and use your data solely for the purpose of preparing a proposal.<\/small><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Directors and Officers (D&amp;O) Liability Insurance This insurance protects company executives and members of governing bodies against personal liability for decisions made while performing their duties. An executive&#8217;s liability is personal and is not limited by the amount of their salary or the company&#8217;s share capital. Fill out the questionnaire Who is this insurance relevant [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":10188,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"footnotes":""},"class_list":["post-10225","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Directors&#039; and officers&#039; liability insurance (D&amp;O) | Man ramu<\/title>\n<meta name=\"description\" content=\"Why an executive is liable with personal assets, who typically files a claim, and what D&amp;O insurance covers. 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