Which one of the following is true with regard to coverage for acts of directors or officers under a personal umbrella policy?

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Which one of the following is true with regard to coverage for acts of directors or officers under a personal umbrella policy?

A. They are always excluded.

B. They are always covered.

C. Directors or officers of a not-for-profit organization are covered.

D. Directors or officers of a for-profit organization are covered.

Answer: C. Directors or officers of a not-for-profit organization are covered.

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