单词 | d&o insurance |
释义 | D&O insurance in Insurance (di ənd oʊ ɪnʃʊərəns) or Directors and Officers insurance abbreviation Related wordsCompare to key man insurance, which is an insurance policy taken out by a small company on the life of a seniorexecutive whose death would create a serious loss.(Insurance: General) insurance , insurance , insurance D&O insurance is a personal liability insurance that provides cover to the directors and senior executives of a company. D&O insurance covers company directors and officers in the event that they are accused of wrongdoingwhile conducting company business. Serving as a director is made more dangerous by the prospect that a bankruptcy courtmay limit or bar coverage otherwise provided under a D&O insurance policy. D&O insurance is a personal liability insurance that provides cover to the directors and seniorexecutives of a company. |
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