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Ild Renewal Implements Cost-Saving Insurance Policy for Executives

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Ild Renewal Implements Cost-Saving Insurance Policy for Executives

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Ild Renewal ( (IL:ILDR) ) just unveiled an update.

Ild Renewal Ltd has approved a transaction involving a group insurance policy for its directors and officers, including those considered controlling shareholders, for a 12-month period ending on October 31, 2025. The policy, with a coverage limit of 25 million dollars, is provided without consideration, offering substantial savings compared to purchasing a similar policy independently. The decision aligns with the company’s compensation policy, ensuring liability coverage under market conditions without materially affecting the company’s profitability, assets, or liabilities. This measure enables directors and officers to execute their duties effectively while mitigating associated risks.

More about Ild Renewal

YTD Price Performance: -0.85%

Average Trading Volume: 24,587

Current Market Cap: ILS668.2M

For an in-depth examination of ILDR stock, go to TipRanks’ Stock Analysis page.

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