Insured Versus Insured Exclusion,
Definition of Insured Versus Insured Exclusion:
Exceptions to the liability of directors and officers in insurance (and to a lesser extent in other types of professional liability insurance). Exceptions do not include the scope of a director or officer's complaint against another. The purpose of this exemption is to eliminate insurance coverage for four types of situations: (1) claims relating to employment practices, (2) internal disputes / internal disputes, (3) collusion claims and (4) party disputes. Party claims organization against its directors. And employees for reckless business practices.
Literal Meanings of Insured Versus Insured Exclusion
Meanings of Insured:
Insured person or organization.
Sentences of Insured
Compensation if the insured dies
Meanings of Exclusion:
The act or condition of an exception or exceptions.
Sentences of Exclusion
The drug addict was expelled from the army
Synonyms of Exclusion
disbarring, barring, debarment, ban, keeping out, banning, debarring, embargo, prohibition