MLchartDataset catalogue

Outside directorship liability coverage

Term · Insurance and risk management · MLC-T-INS-002455

Insurance protection for directors and officers when they serve on the board of another entity at the request of their primary company. This coverage extends the protection of a Directors and Officers (D&O) policy to these additional board roles. It addresses potential liability arising from decisions made in these external capacities.

Table 1. Record
IdentifierMLC-T-INS-002455
FieldInsurance and risk management
SubjectManagement Liability
Record as JSON 
{
  "id": "MLC-T-INS-002455",
  "term": "Outside directorship liability coverage",
  "field": "Insurance and risk management",
  "definition": "Insurance protection for directors and officers when they serve on the board of another entity at the request of their primary company. This coverage extends the protection of a Directors and Officers (D&O) policy to these additional board roles. It addresses potential liability arising from decisions made in these external capacities.",
  "subject": "Management Liability",
  "url": "https://mlchart.com/terminology/insurance/outside-directorship-liability-coverage/"
}

Record 2,436 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.