Presumptive Indemnification Provision

Presumptive Indemnification Provision,

Presumptive Indemnification Provision Definition:

  1. A provision in most management and management (D&O) policies that, in the event of a loss, the company may have paid its directors and officers to the extent permitted by law, regardless of whether the company actually did so. Whether it does or not, compensates officers and executives. The provisions are large because a general D&O policy includes Self Insurance with Holding Tax (SIR) for Corporate Expenditure Compensation Coverage (Side B), but no direct D&O Insurance (Side A). There is no holding tax. At one point, companies chose not to compensate only the insured directors and executives and forced the insurers to cover the directors and executives for the first dollar. To avoid this, the insurance company D&O began incorporating compensation rules into its forms.

Literal Meanings of Presumptive Indemnification Provision

Presumptive:

Meanings of Presumptive:
  1. Assessment type without any additional information.

Sentences of Presumptive
  1. Suspicious diagnosis

Synonyms of Presumptive

suppositional, notional, tentative, hypothetical, conjectural, speculative

Indemnification:

Meanings of Indemnification:
  1. Compensation for any loss or damage.

Provision:

Meanings of Provision:
  1. Provision of food, drink or luggage especially for travel.

  2. The organization owes a certain amount to the account.

  3. The act of making something available or available for use.

  4. Quantity or supply or delivery of goods.

  5. A condition or requirement in a legal document.

  6. Promises of benefits, especially directly from the Pope, not from the boss, and initially before being released.

Sentences of Provision
  1. Civilian military contractors are responsible for providing these troops

  2. Financial institutions need to protect themselves from default

  3. New service agreement

  4. Less social benefits

  5. Basic provisions of civil rights

  6. Consider another example of medieval populism in medieval England.

Synonyms of Provision

outfit, resource, services, amenities, delivery, supplying, arm, stipulation, furnishing, clause, purveying, furnish, supply, facilities, presentation, solutions, accoutre, term, equipment, arrangements, rig out, fit up, distribution

Presumptive Indemnification Provision,

Presumptive Indemnification Provision means,

  • Presumptive Indemnification Provision definition is: A provision in the policies of most directors and officers (D&O) that in the event of a loss, the company will likely compensate its directors and officers to the extent permitted by law, whether the company or not, the directors of employees And officers. The supply is large, as a typical D&O policy includes Self Insurance with Holding Tax (SIR) for corporate cost reimbursement coverage (B side), but not directly for D&O insurance (side A). There is no income tax withholding. On one occasion, the company chose not to compensate the insured directors and officers in an attempt to avoid paying side-by-side holding tax, forcing the insurer to provide basic insurance for the directors and officers. To avoid this, D&O insurance companies have started adding compensation rules to their forms.

Literal Meanings of Presumptive Indemnification Provision

Presumptive:

Meanings of Presumptive:
  1. The nature of the assumptions when no additional information is available.

  2. Another term for arrogance

Synonyms of Presumptive

unproven, unconfirmed, theoretical, academic

Indemnification:

Sentences of Indemnification
  1. The plaintiff is seeking compensation for lawyers' fees from the company.

Provision:

Meanings of Provision:
  1. Supply or supply of goods

  2. Quantity or item is delivered.

  3. Benefit dates, especially from the pope directly to the boss, and initially before he is released.

  4. Save money in the organization's accounts for known responsibilities.

Sentences of Provision
  1. Change traffic

  2. The first private action under the provisions of the 1989 Water Act.

  3. Civil contractors are responsible for providing these troops.

Synonyms of Provision

opportunities, allocation, rider, restriction, requirement, reservation, resource(s), giving, assistance, condition, benefits, limitation, allowance(s), concession(s), specification, funds, caveat, qualification, equipping, donation, providing, offering, proviso, means

Presumptive Indemnification Provision,

Presumptive Indemnification Provision: What is the Meaning of Presumptive Indemnification Provision?

  1. There is a provision in most management and management (D&O) policies that in the event of a loss, the company compensates its directors and officers to the extent permitted by law, regardless of whether the company actually has directors and Compensates officers. The supply is large because a typical D&O policy includes Self Insured Withholding Tax (SIR) for corporate expense coverage (Side B), but no holding tax for direct D&O Insurance (Side A). Is. At one point, companies tried to avoid paying the b-side withholding tax, opting not to compensate only the insured directors and executives, forcing insurers to cover the directors and executives for the first dollar. Do To avoid this, insurer D&O began to incorporate perceived compensation principles into its forms.

Literal Meanings of Presumptive Indemnification Provision

Presumptive:

Meanings of Presumptive:
  1. Speculation in the absence of additional information.

Indemnification:

Sentences of Indemnification
  1. The plaintiff is seeking compensation for the costs of litigation against the company.

Provision:

Meanings of Provision:
  1. The process of giving or completing everyday items.

  2. Quantity or item delivered or delivered.

  3. Benefit dates, especially from the pope instead of the boss, and initially before his release.

Sentences of Provision
  1. Changes in the level of transportation offered