Some directors and officers (D&O)liability policies include an insuring agreement that covers the legal liability of a corporation arising out of the wrongful acts of directors and officers.This coverage for the corporation is called

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The coverage for the corporation is called entity coverage, as it provides coverage for the legal liability of the corporation itself rather than the individual directors and officers. Blanket coverage typically refers to a policy that covers multiple types of risks, while corporate reimbursement coverage specifically covers expenses incurred by the corporation in defending against claims made against directors and officers. Personal liability of directors and officers coverage provides coverage for the individuals themselves.

Some Directors and Officers (D&O)liability Policies Include an Insuring Agreement