The “standard” D&O policy includes all three sides, and most public companies purchase a “tower” of D&O — a primary layer followed excess layers.
Side A — Protects corporate directors and officers’ personal assets.
Side B — Reimburses company funds used to indemnify sued individuals.
Side C — Provides companies with balance sheet protection.
Side A Excess — Additional Side A coverage responds if the insured exhausts the rest of the policy.