6 Types of Coverage in Directors and Officers Insurance
October 1, 2024 ⚊ 1 Min read ⚊ Views 8 ⚊ BLOG
Side A Coverage is one of the most critical components of Directors and Officers insurance. It provides protection directly to the individual directors and officers when the company cannot or unwillingly indemnify them. This can happen in situations where the company is insolvent or when corporate indemnification is prohibited by law. In these cases, Side A coverage ensures that the personal assets of directors and officers are protected.
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