회사임원배상책임보험 = Directors and Officers Liability Insuranee

다국어 초록 (Multilingual Abstract)

Directors and officers liability insurance is a kind of liability insurance. In the early days of D&O policies, D&O caverage was afforded under two separate palicies: one policy which insured the corporation for its indemnification obligations to its directors and officers($quot;corporate reimbursement$quot; coverage), and a second policy ensuring the directors and dfficers in those instances where the corporation either would not or could not provide indemnification($quot;D&O$quot; or $quot;direct$quot; coverage). The most important thing is exclusion clauses. There are generally three categories of exclusions in D&O policies. $quot;Conduct$quot; exclusions seek to eliminate coverage for certain conduet which is deemed to be sufficiendy self-serving or egregious that insurance protection is considered inappropriate. The personal profit and advantage, dishonesty and remuneration are examples. The $quot;other insurance$quot; category of exclusions implements the concept that the D&O policy is the ultimate $quot;backstop$quot; protection for directors and officars. The korean D&O policies accepted ths US D&O policies. In the recent times D&O insurance contracts increased also in korea. But we need mind-change and activ propaganda.