What Is the Purpose of Directors and Officers Liability Insurance

question 30

Multiple Choice

What is the purpose of directors and officers liability insurance?

• A) to extend coverage to include the corporation's liability against security claims
• B) to provide coverage that includes a well drafted severability clause
• C) to reimburse the corporation for amounts paid to indemnify officers and directors
• D) to provide protection over and above indemnification by the corporation

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Definitions:

Pulmonary Hypertension

A condition where the blood pressure in the arteries of the lungs is higher than normal, leading to increased strain on the heart.

Conversational Dyspnea

A condition where individuals experience shortness of breath during conversation, often indicative of respiratory issues.

Right-Sided Heart Failure

A condition in which the right side of the heart loses its ability to pump blood effectively, often leading to fluid buildup in the body.

Airway Suctioning

Airway Suctioning is a medical procedure used to remove mucus, blood, or other secretions from a person's airway to prevent or relieve obstruction.