Management Liability Insurance is a comprehensive insurance package designed to protect businesses and their leaders from a variety of risks associated with managing and operating a company. The policy includes several key coverages:

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1. Directors and Officers (D&O) Liability Insurance: Protects directors and officers from personal losses if they are sued for alleged wrongful acts while managing the company.
2. Employment Practices Liability (EPL) Insurance: Covers claims from employees alleging violations of their legal rights, such as discrimination, harassment, wrongful termination, and other employment-related issues.
3. Fiduciary Liability Insurance: Provides protection against claims of mismanagement of employee benefit plans.
4. Crime Insurance: Covers losses resulting from criminal acts such as fraud, theft, or embezzlement.

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The Management Liability Insurance is designed for smaller businesses that may find it financially challenging to purchase multiple standalone policies.