MLchartDataset catalogue

Side C coverage

Term · Insurance and risk management · MLC-T-INS-003084

A component of a Directors and Officers (D&O) liability insurance policy that provides coverage directly to the corporate entity for securities claims. This protects the company itself from financial losses incurred due to lawsuits alleging violations of securities laws. It is distinct from Side A (individual directors and officers) and Side B (reimbursement to the company for indemnifying directors and officers) coverages.

Table 1. Record
IdentifierMLC-T-INS-003084
FieldInsurance and risk management
SubjectManagement Liability
Record as JSON 
{
  "id": "MLC-T-INS-003084",
  "term": "Side C coverage",
  "field": "Insurance and risk management",
  "definition": "A component of a Directors and Officers (D&O) liability insurance policy that provides coverage directly to the corporate entity for securities claims. This protects the company itself from financial losses incurred due to lawsuits alleging violations of securities laws. It is distinct from Side A (individual directors and officers) and Side B (reimbursement to the company for indemnifying directors and officers) coverages.",
  "subject": "Management Liability",
  "url": "https://mlchart.com/terminology/insurance/side-c-coverage/"
}

Record 3,179 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.