Which of the following statements concerning directors and officers li

Which of the following statements concerning directors and officers liability insurance (D&O) is (are) true?

I. D&O policies usually cover the personal liability of directors and officers.
II. D&O policies exclude coverage for claims brought by employees and by stockholders.
A) I only
B) II only
C) both I and II
D) neither I nor II

ANSWER

Answer: A