Terms with Tag Business Insurance

  • Directors and Officers Liability Insurance (D&O, DOLI)Acronym, Important,
    • Insurance for officers and directors of a company providing coverage against "wrongful acts" or "behavior" that may lead to lawsuits and profit losses due to neglect or breach of duty, errors and omissions or misleading statements on the part of the board of directors.
    Sometimes referred to as Officers' and Directors' Liability (ODL) insurance.
  • Loss of Rents (LOR)Acronym,
      Business interruption coverage.
    • Officers' and Directors' Liability (ODL)Acronym,
        Also known as Directors and Officers Liability Insurance (often called D&O).
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