facebookIs there lawsuit insurance for fintech startups? - Seedly

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Anonymous

28 Feb 2022

Insurance

Is there lawsuit insurance for fintech startups?

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For startup insurance against lawsuits, you should be looking at Professional Indemnity Insurance, and Directors and Officers Insurance.

Professional Indemnity would protect your startup against business-related lawsuits. Directors and Officers would protect your board directors and management against lawsuits personally targetting them. Directors and Officers Insurance is often a pre-condition that comes with raising a funding round and a VC joining your board.

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