Directors And Officers (D&O) Liability Insurance,
How To Define Directors And Officers (D&O) Liability Insurance?
Directors And Officers (D&O) Liability Insurance can be defined as, Different types of liability insurance that cover directors and officers for claims during their tenure as directors and / or officers. D&O liability insurance can be purchased for directors and executives of non-profit corporations, private companies, non-profit organizations and educational institutions. Because the policy serves as liability insurance for administrative errors and omissions, it includes claims for administrative decisions with negative financial consequences. Policies consist of low-limit rules, which means that defense spending, which is often a significant part of the loss, lowers the policy threshold. This approach differs from the Commercial Liability Policy (CGL) which goes beyond defense policy. Other distinguishing features of D&O insurance are: (1) it is based on claims, (2) it generally does not contain a clear obligation to defend policyholders (if they protect a company for profit) Are), and (3) it includes cash. Damages, but include personal injury (BI) and property damage (PD).
Protect directors and officers from lawsuits arising out of their actions. Whether or not it can include shares starting with shareholders.
Literal Meanings of Directors And Officers (D&O) Liability Insurance
Meanings of Directors:
Responsible for any activity, service or organization.
Sentences of Directors
Synonyms of Directors
superintendent, master, forewoman, controller, supervisor, boss, governor, leader, foreman, chief, headman
Meanings of And:
A boolean operator that returns one if and only if all operations are the same, otherwise void.
It is used to combine words from a speech, a clause or a single part of a sentence that needs to be put together.
It is used to introduce additional comments or interactions.
It is used to indicate intention after some verb and before another verb, not "
Sentences of And
If he had to make a decision, and it was the worst, he would turn away from his parents.
Synonyms of And
with, not to mention, in addition to, including, coupled with, along with, added to, also, besides, together with, too, and, as well as
Meanings of Officers:
Hand over to military officers.
The person holding the position of authority, especially in the commission, in the army, in the Merchant Marine, or on the passenger ship.
Holders of public, civil or church office.
A member of a special rank in a special honorary order, such as a rank just below the rank of commander in the British Empire.
Sentences of Officers
The elite has enough power and leads the army.
He is also a military officer
Officers and members of the Yukon Order of Pioneers participated collectively.
Synonyms of Officers
official, functionary, envoy, commissioner, representative, office-holder, committee member, bureaucrat, office-bearer, executive, board member, administrator, dignitary, messenger, deputy, public servant, agent
Meanings of D:
(In the genealogy) Daughter.
Indigenous (in units of measurement)
Deceased (used to tell the date of death)
Penny or Pence (Pre Decimal Currency)
Meanings of O:
The fifteenth letter of the alphabet.
Zero (in numerical order, especially when speaking)
Large O-like shape in a circle
One liter (in the recipe).
The chemical element is oxygen.
Another spell of oh
It is used directly in the salutation before the name, as in sentences and poetry.
Sentences of O
For uppercase O, always draw C first and then close.
Make an O out of his mouth.
Grant us peace in our time, O Lord!
Meanings of Liability:
The state of being responsible for something, especially in accordance with the law.
A person or thing whose presence or behavior may embarrass or harm someone.
Sentences of Liability
Partners have unlimited responsibility for the risks they pose.
Became a political loss
Synonyms of Liability
legal responsibility, nuisance, accountability, hindrance, burden, encumbrance, inconvenience, handicap, responsibility, answerability
Meanings of Insurance:
Exercise or arrangement under which a company or government agency guarantees some loss, injury, illness or death in return for premium payments.
Something that protects against possible emergencies.
Sentences of Insurance
Many new borrowers buy unemployment insurance or health insurance.
Maintaining a high standard of personal conduct is the best protection against personal problems.
Synonyms of Insurance
cover, protection, safety measure, preventive measure, defence, indemnity, security, financial protection, indemnification, surety, safeguard, immunity, provision, precaution, shelter