Side A coverage is an important component of directors and officers liability insurance. It provides individual managers with protection in the event that the organisation that they represent cannot indemnify them from a claim. Instances of non-indemnification can occur for a variety of reasons and can have serious consequences if not considered in advance.
In this article, we will explore Side A coverage to understand why it is an essential protection for an organisation’s management.
Contents
1 Side A coverage: A definition
2 An overview of managerial-related risk
3 Why does non-indemnification occur?
4 The key attributes of Side A coverage
5 The role of presumptive indemnification
6 The implications of entity coverage
7 Stand-alone Side A coverage: A solution
8 Emergency provision: An additional limit
9 Claim examples: Side A coverage
10 Conclusion
There are 2035 words left in this members only article.
To continue reading, please become a member.
Already a member? Sign in.
