BBVA Directors and Officers Liability Insurance

The payment is annual.

The policy is annual and renewable. It is renewed automatically every year on the same date and it can only be cancelled with one month's notice before the policy expires.

Those made by:

• Government agencies and companies: violation of rules and regulations.
• Creditors and suppliers: nonpayment, breach of trade agreements, etc.
• Competitors: unfair competition, industrial espionage, etc.
• Employees: dismissals, breach of contract, harassment, etc.

You can calculate the premium depending on your company's activity and the limit purchased. The insurer can take into account claims made prior to the insurance purchase date to set the price of the premium or even to decide whether to offer or decline the policy. 

This D&O insurance takes into account the date on which an event is reported, even if it occurred prior to the start of the policy, as long as the policyholder had no knowledge of the event. It takes into account claims filed during the policy period anywhere in the world, except in the United States and Canada. Coverage may be extended to the USA and Canada under request to Hiscox.

 

They range from 600,000 euros to 3 million euros. You can choose the insured capital depending on your company's turnover.

Hiscox S.A., sucursal en España with Tax ID W0185688I, with registered office on Paseo de la Castellana 60, 7ª planta Madrid 28046, entered in the State Register of Insurers of the Directorate General of Insurance and Pension Funds (DGSFP) under number E231.

Hiscox S.A. is an insurance company with registered office at 35F Avenue John F. Kennedy L-1855, Luxembourg. Hiscox, S.A. is subject to oversight by the Comissariat aux Assurances de Luxembourg (CAA) and the DGSFP in Spain.

BBVA Mediación, Operador de Banca Seguros Vinculados, S.A., company listed in the Special Administrative Register of Insurance Brokers of the General Directorate of Insurance and Pension Funds, with number OV-0060. Civil Liability Insurance arranged and financial guarantee established.