Directors & Officers · Illinois
Directors & Officers Insurance for Illinois startups.
Protects founders and board members personally.
Illinois requires Workers' Comp from the first employee and BIPA exposure makes Cyber + E&O especially important.
Quote D&O in IL From $125/month · Typical limit $1,000,000
What Directors & Officers covers in Illinois
- Defense costs & settlements
- Securities claims
- Employment practices (with EPLI rider)
- Side A coverage for individual directors
Why Illinois founders buy this
Required by most priced-round term sheets and post-IPO charters.
Policies are issued by licensed insurance carriers on FounderHut Insurance's appointed panel. FounderHut Insurance, LLC is a licensed insurance producer in Illinois (and all 50 states). Coverage is subject to terms, conditions, and exclusions of the issued policy. Premium quoted is indicative and depends on industry, headcount, revenue, and underwriting.
Get a Illinois D&O quote in under 2 minutes.
Pre-filled from your FounderHut profile — company name, entity, state, headcount and revenue carry over automatically.
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