run-off cover
C2CEFR level
80/100Rarity: very rare
TechnicalRegister
Insurance kept in force after a deal to answer claims arising from acts before closing.
We bought six-year run-off cover for the departing directors, so their exposure survived the change of control.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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