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executive officer

As defined in the standard commercial general liability (CGL) policy, an executive officer is a person holding any of the officer positions created by the named insured organization's governing document.

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Additional Information

Executive officers, like other employees, have insured status under the CGL policy of the organization, but unlike other employees, their insured status is not subject to the fellow employee exclusion.

Related Terms

The fellow employee exclusion is one in liability policies that eliminates insured status for an...