What Does Due Diligence Mean?

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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.

Due Diligence

Due Diligence

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.

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