For those individuals having a fiduciary responsibility, insurance may be the answer. Increasingly, certain professionals who routinely engage in fiduciary relationships are purchasing fiduciary liability insurance, which will help protect them against personal liability for any breach of the fiduciary relationship that they may have committed. While the insurance coverage under such policies can vary, most such insurance policies cover, for instance, all past, present, and future directors, employees, and executives of a corporation, who legally owe a fiduciary duty to the corporation and the corporation's shareholders. Policy limits typically range between $1 million and $5 million, although more extensive coverage can be purchased, as well. Defense costs from any claims usually are included in the insurance policy, and deductibles can range from $5,000 to $100,000. Therefore, by taking steps to limit possible fiduciary duty violations in the first place, along with purchasing an appropriate fiduciary liability insurance policy, corporations can better protect themselves from potentially disastrous damages awards.