Side C coverage is an important component of directors and officers liability insurance. It provides an organisation with protection in the event that it is named in a securities-related claim. This coverage can be a great benefit, but may also have unintended consequences for a policy otherwise intended for an organisation’s management.
In this article, we will explore Side C coverage and understand why an organisation may want to consider purchasing it.
Contents
1 Side C coverage: A definition
2 The risk of shareholder litigation
3 Types of securities-related claims
4 The key attributes of Side C coverage
5 How to acquire Side C coverage
6 The benefits of Side C coverage
7 The drawbacks of Side C coverage
8 Side C coverage: Addressing the challenges
9 Claim examples
10 Conclusion
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