What does Due Diligence mean? Read on to discover the definition & meaning of the term Due Diligence - to help you better understand the language used in insurance policies.
Proper care and attention. This term is commonly used to refer to the review of financial and legal documents in a merger or acquisition but is equally applicable to virtually any decision-making process, including whether to insure or self-insure, whether to form a captive insurance company, and a host of other risk management decisions.
We hope the you have a better understanding of the meaning of Due Diligence.