The Policy can be extended to include the following by paying an extra premium on the basis of risk exposure. Also, note that the company can ruminate certain additional extensions if the insured requests.
Inquiry Representation Costs:
It will cover the costs incurred by the insured in preparing for and appearing for an Inquiry, which may be an official investigation, administrative or regulatory proceeding or examination into the affairs of the Company. These costs will however, not include salaries, travel, wages and accommodation expenses of the insured person.
Spouses and Executors:
This extends the Policy’s coverage to the lawful spouse, executors, heirs, administrators or legal representatives of the insured; only in case of a claim is made out of a wrongful act of the insured individual.
This extension allows the insured to remain covered even as he is acting in capacity of a director or officer of an Outside Entity, provided it is at the specific request (with a written approval) of the company.
Former Directors and Officers:
The policy, under this extension, can cover the former directors and officers of a company.
Pollution Defence Costs:
It will cover the defense costs, which the person may incurs during defending a claim correlated to the actual or alleged dispersal, discharge, escape or release of any pollutants.
Shareholder Pollution Claims:
This extension will cover the loss experienced due to payable legal liabilities that occur as a result of the claim made, either directly or derivatively, by any shareholder of the company. The claim being an allegation of loss to the company or its shareholders due to any actual or alleged dispersal, discharge, escape or release of any pollutants.
This covers any company which might have become a subsidiary during the Policy tenure, subject to certain terms and conditions mentioned in detail under the Policy wordings.
Extended Policy Period:
The insured, under this policy extension, can request for a policy period extension of 84 months in case a change in control occurs during the initial tenure of the policy.
Most of the above mentioned cover extensions have a sub-limit which forms a part of the Limit of Indemnity. Plus, this list states only a few major extensions; you can check the policy wordings for a detailed list of inclusions & other details relating to them.