46+ D&O Insurance Policy Wording Gif. Covers directors and officers when the company refuses to or is unable to provide indemnification. This policy shall apply only in excess of any other valid insurance, with the sole exception of any policy written as specific excess insurance over the limit of liability provided by this policy.
This policy shall apply only in excess of any other valid insurance, with the sole exception of any policy written as specific excess insurance over the limit of liability provided by this policy. Side a dic coverage is different. Side a, side b and side c.
D & o policy center.
Careful review should be given to this exclusion, as overly broad wording has the potential to how do policies differ? D&o insurance policies offer coverage for defense costs, settlements, judgments arising from lawsuits and wrongful allegations brought against the board directors should take care to understand their d&o insurance policies. It sits on top of a traditional d&o policy and provides a broader form of coverage with separate limits for directors. This type of insurance has the potential to cover a wide variety of claims brought against a business for the actions of its directors and officers.
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