The Directors & Officers Liability Insurance policy operates under two sections.
Section A
This section shall pay the loss of each insured for a wrongful act in the Insured's capacity as a director, officer or employee of the company to the extent that the company has not indemnified the Insured.
Section B
This section shall pay the loss of the company for a wrongful act in the Insured's capacity as a director, officer or employee of the company but only when, and to the extent that, the company has indemnified the Insured for the loss.
* Conditions apply.
UIN no. IRDAN123P0056V01200203