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 Glossary   >   U   >   "Umbrella personal liability insurance" Definition   

        Umbrella personal liability insurance

In the US, liability insurance giving excess cover over and above that cover provided by other policies. For example if general policies give total liability insurance cover of $400,000, an umbrella policy could typically provide cover of $1 million. If a claim of $700,000 were made the umbrella policy would pay out only after the $400,000 has been first exhausted.

Umbrella personal liability insurance
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Umbrella personal liability insurance \ In the US, liability insurance giving excess cover over and above that cover provided by other policies. For example if general policies give total liability insurance cover of $400,000, an umbrella policy could typically provide cover of $1 million. If a claim of $700,000 were made the umbrella policy would pay out only after the $400,000 has been first exhausted.


Umbrella personal liability insurance / in the us, liability insurance giving excess cover over and above that cover provided by other policies. for example if general policies give total liability insurance cover of $400,000, an umbrella policy could typically provide cover of $1 million. if a claim of $700,000 were made the umbrella policy would pay out only after the $400,000 has been first exhausted.