Which of the Following Statements Concerning Directors and Officers Liability

question 14

Multiple Choice

Which of the following statements concerning directors and officers liability insurance (D&O) is (are) true?
I.D&O policies usually cover the personal liability of directors and officers.
II.D&O policies exclude coverage for claims brought by employees and by stockholders.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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