There are exclusions to coverage especially when the intention is not in the best interest of the company. For example, criminal or fraudulent activity or intentional wrongful acts solely performed for personal gain aren’t covered. D&O insurance policies typically don’t insure legal claims alleging breach of performance regarding contracts, including disputes involving collective agreements. If aspects of the contract obligations fail, they typically can’t lean on their policy to defend and pay damages.An exception to this could be employment practices liability claims alleging breach of an employment contract (outside of collective agreements).  Damages for owed funds like severance pay that are required under employment law in would fall outside the scope.