Nuts & Bolts: Travelers Bond, a division of Travelers Property Casualty Corp., unveiled Broad Form PLUS+SM , a new policy that offers personal asset protec-tion for directors and officers when primary coverage and/or indemnification cannot or will not respond. Designed to meet the current needs of directors and officers, the new policy combines comprehensive coverage features and specialized claims handling expertise. Broad Form PLUS+ provides coverage for non-indemnified claims (“A-side”) against directors and officers, and includes Difference in Conditions (DIC) drop down features not present in most other policies.
Dollars: Capacity for limits up to $25 million.
Carrier: Travelers.
States Available: All. Currently admitted in approximately half the states.
Contact: local Travelers office
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