Deductible
An agreed specified sum to be deducted from the amount of loss and assumed by the insured.

Depreciation
Reduction in value of property through use, aging, deterioration and obsolescence.

Directors and Officers Liability Insurance
Protection for officers and directors of a corporation against damages resulting from negligent or wrongful acts in the course of their duties. Also covers the corporation for expenses incurred in defending lawsuits arising from alleged wrongful acts of officers or directors.

Disability
Inability to carry on in one's normal occupation due to accident or sickness.

Disclosure
Act of making known something known.