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How Can My Business Answer the “Warranty Question” When Applying for Directors and Officers Insurance?

By Edward J. Adamczyk on Oct 4, 2018 4:16:37 PM

When applying for directors and officers insurance, your Massachusetts business will likely be asked a “warranty question.” Insurers word this question in various ways, but it generally asks whether the applying company is aware of any facts, circumstances or situations that could lead to claim against the insurance policy. Any issues disclosed are typically excluded from coverage, which can make this question challenging to answer. Here are some tips on how your business may want to approach this question.

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