TITLE

Start off right with your D&O application

AUTHOR(S)
Weiss, Stephen J.; Knotts, Shannon A. G.
PUB. DATE
June 2006
SOURCE
Directors & Boards;2006 Third Quarter, Vol. 30 Issue 4, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the insurance policy of D&O Inc. negotiating the terms of the application and related policy provisions in the U.S. First, D&O policies define "Application" to include the eight-page form, and all documents submitted with it and certain public filings. However, the second policy provision that relates to the application is the severability of application clause in which its purpose is to limit the adverse effect of any misstatements in the application.
ACCESSION #
22021111

 

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