Who are Non-Executive Directors?
Non-executive directors are independent directors who can exercise their individual powers and rights. They sit on the board of a company along with the executive directors. They can provide their individual and free guidance in every matter and participates in all important decisions. However, they are least interfering in the day-to-day operations of a business entity. These directors usually do not work as the full time employees of the organization.
However, the responsibility and working procedure of these directors is not free from anxiety and many a times, they need to be accountable for their deeds. In that case, insurance for non executives can be taken into account in order to protect their interests. Usually a company takes insurance policies for their non-executives directors, but insurance policies for non-executives can also be taken by the person himself.
Monday, April 14, 2008
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