You are currently not signed in. Any products you have purchased will not be available until you Sign In.
For a personalized walk-through of IRMI Online, Request a Demo.

pre-set allocation provision

A provision found in directors and officers (D&O) liability policy forms indicating the specific percentage of each claim that will be "allocated to" (i.e., paid by) the insured and the insurer, respectively. Pre-set allocation provisions apply only to section C, entity securities coverage, of D&O policies. Most often, these percentages are either 70/30 or 60/40 (insurer/insured).


Links for IRMI Online Subscribers Only: PLI X.E; D&O Coverage Guide

Navigation

Social Media

User ID: Subscriber Status:Free