Are claims arising out of insolvency covered?

  • The insolvency clause excludes claims arising out of the company’s insolvency.
  • Although the policy contains an insolvency exclusion, this clause only applies if the schedule specifically states that it should apply.
  • The insolvency clause is likely to be added when the company is a start-up or has a poor solvency margin, or in some other way poses a high insolvency risk.
Subject: 
Directors and Officers Liability