This biography looks at the life of Abraham Lincoln, a farm boy who grew up to become the sixteenth president of the United States and the man responsible for leading the country through the Civil War. Buying Options. Quantity.
The general rule for adults who are considering making a claim for personal injury compensation is that you have three years from the date of the accident or incident in which to bring a claim. If your claim has not been settled, or court proceedings have not been issued, by the third anniversary (3 years) of the accident then you will be prevented in law from making a claim. There are some exceptions to this rule, but they are not easy to meet.
Most D&O policies have terms of one year, yet claims may be brought as long as six years after a transaction, depending on the statute of limitations. As a result, most target companies purchase a non-cancellable, pre-paid policy for a six-year period, which is known as run-off or tail coverage. It can be critical.