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).
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