Umbrella Liability Insurance
What a product that shields all your assets from unexpected legal liability losses world-wide? You need an Umbrella Liability policy.
This product is intended for mature, financially stable individuals who have a need for a higher limit of liability than is normally provided under a Homeowner/Tenants/Condo, Auto, Bike, or Boat policy.
The Umbrella Liability policy covers you for the amounts above and beyond that provided by your other insurance policies. The umbrella policy comes in to play when the limits of your other policy have been exhausted. Not only does it add additional liability to your existing policies – ranging in amounts from 1-5 Million, it also provides coverage to fill the gaps of your current policies such as:
- False arrest
- Invasion of privacy
- Legal expenses are covered on top of the policy amount.
- World-wide coverage.
A broker can help you determine if the Umbrella Liability policy is right for you.