foreign title equivalent coverage provision
An endorsement to directors and officers (D&O) liability policies extending coverage
to individuals working in the foreign subsidiaries of the insured organization.
The endorsement affords coverage to persons whose duties, responsibilities,
and legal liability exposures are similar if not identical to their U.S.
counterparts but whose official titles are not "director" or "officer" and
are therefore not covered, absent this endorsement.
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PLI X.E