Definitions

November 2, 2010

Most D&O policy forms contain a definitions section where words and terms with special meaning are defined. When these words and terms are used in the policy form, they sometimes appear in boldface type. They also may appear in italics, within quotation marks, in capital letters, or underlined. Definitions may be modified, added, or deleted by way of endorsement to the basic policy form. Defined terms also may be contained in the coverage application.

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