MAKATI CITY – UCPB General Insurance Company, Inc. (UCPB GEN) widened the scope of Directors and Officers (D&O) Liability Insurance, now covering Condominium Corporation. The new package was formally introduced to UCPB GEN marketing heads and associates last March 31, 2016 at the Executive Dining Room, 11th Floor, UCPB Building, Makati City.
D&O Condominium Corporation is an enhanced and specialized package of the original D&O Liability Insurance. It protects directors and officers of condominium corporations against loss from claims out of various sources such as tenants, employees, regulatory bodies (SEC, BIR), other condominiums/ property developers, and competitors.
In the absence of other resources, the policy answers for the defense of the claim, thereby protecting the insured’s personal assets.
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