Non-indemnifiable Loss

Non-indemnifiable Loss

Non-indemnifiable loss, a.k.a. Side A, refers to the insuring agreement in a Directors and Officers Liability Insurance policy that protects the assets of directors and officers in the case of a claim against them when the organization is unable or not allowed to indemnify them, e.g. in the case of insolvency or when not legally allowed.
See more under Indemnification, Indemnifiable loss and Entity Coverage.