MLchartDataset catalogue

Independent directors policies

Term · Insurance and risk management · MLC-T-INS-001804

Specialized directors and officers liability insurance policies designed to protect only the independent directors of a company. These policies provide a dedicated layer of coverage for outside directors, shielding their personal assets from claims arising from their service. This separate coverage prevents the erosion of their protection by claims against inside directors or the company itself.

Table 1. Record
IdentifierMLC-T-INS-001804
FieldInsurance and risk management
SubjectManagement Liability
Record as JSON 
{
  "id": "MLC-T-INS-001804",
  "term": "Independent directors policies",
  "field": "Insurance and risk management",
  "definition": "Specialized directors and officers liability insurance policies designed to protect only the independent directors of a company. These policies provide a dedicated layer of coverage for outside directors, shielding their personal assets from claims arising from their service. This separate coverage prevents the erosion of their protection by claims against inside directors or the company itself.",
  "subject": "Management Liability",
  "url": "https://mlchart.com/terminology/insurance/independent-directors-policies/"
}

Record 1,721 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.