Independent Directors Liability (IDL) Insurance: A Guide for Fund Independent Directors and Their Insurance Advisers (2013)

provides a general introduction to IDL insurance, as well as commentary on related topics. The Guide includes an overview of fundamental liability protections commonly provided to fund independent directors, details how IDL policies are structured, describes the two basic types of IDL policies and how they differ, and highlights some of the key questions that fund boards may wish to consider in evaluating IDL insurance options.