Examlex
All of the following losses are excluded under Part D (coverage for damage to your auto) of an unendorsed PAP EXCEPT
Corporate Officers
Executives appointed by the board of directors of a corporation, responsible for managing the daily operations and making significant business decisions.
Insiders
Individuals within an organization who possess confidential information, typically due to their position or role within the company.
Simplistic Definition
A type of explanation or description that is intentionally basic and straightforward, possibly overlooking complexities.
Security
A financial instrument designated as a note, stock, or bond or any other instrument named in the Securities Act of 1933.
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