Presumptive indemnification provision

Term · Insurance and risk management · MLC-T-INS-002655

A clause in a directors and officers (D&O) liability insurance policy that assumes the company has indemnified its directors and officers to the fullest extent permitted by law. This assumption allows the insurer to allocate a larger portion of a loss to the company's side of the policy, reducing the amount paid under the D&O coverage for individual directors and officers. It impacts how defense costs and settlements are shared.

Table 1. Record
Identifier	MLC-T-INS-002655
Field	Insurance and risk management
Subject	Management Liability

Record as JSON

{
  "id": "MLC-T-INS-002655",
  "term": "Presumptive indemnification provision",
  "field": "Insurance and risk management",
  "definition": "A clause in a directors and officers (D&O) liability insurance policy that assumes the company has indemnified its directors and officers to the fullest extent permitted by law. This assumption allows the insurer to allocate a larger portion of a loss to the company's side of the policy, reducing the amount paid under the D&O coverage for individual directors and officers. It impacts how defense costs and settlements are shared.",
  "subject": "Management Liability",
  "url": "https://mlchart.com/terminology/insurance/presumptive-indemnification-provision/"
}

Record 2,697 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.