What Does Greenmail Exclusion Mean?

Free Business Insurance Quote Click Here
What does Greenmail Exclusion mean? Read on to discover the definition & meaning of the term Greenmail Exclusion - to help you better understand the language used in insurance policies.

Greenmail Exclusion

Greenmail Exclusion

Eliminates coverage under a directors and officers (D&O) liability policy for suits alleging damages arising out of the purchase of (or offers to purchase) company stock at above-market prices from stockholders believed to pose a takeover threat.

We hope the you have a better understanding of the meaning of Greenmail Exclusion.

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z


Free Business Insurance Quote Click Here