Director and Officer Insurance for RTM properties

Taking on a directorship of any company comes with many responsibilities. For directors of Right to Manage (RTM) Properties this is often unpaid work that can leave the director exposed to financial risk. It is therefore very important that directors and officers insurance is in place to reduce the risk if things go wrong.

Where there are funds to manage, there can always be allegations of mismanagement and with any building there is a duty to maintain it and make sure that it is safe. These are just some examples where Directors can be exposed to claims if they fail to carry out their duties correctly.

Directors & Officers insurance for Right to Manage Properties is relatively inexpensive and the cost is shared equally amongst the tenants.

For more information about insurance for RTM’s contact Tony Gibbs on 0118 9165485 or complete one of our enquiry forms.

*Information correct as of 1st May 2016

Author: Tony Gibbs | April 20th, 2013

Contact the author

Tony Gibbs
Get in touch:   Reading: 0118 916 5480   London: 020 7036 8767   info@macbeths.co.uk