Group Excess Liability
As you may know, Excess coverage (or Umbrella coverage) “kicks in” after the lower limits of your underlying policies are exhausted—and protects your assets in the event of a law suit. Below are a few reasons why we recommend Group Excess Liability coverage:
- As a group plan, the premium rates are most often considerably lower than with individual excess policies.
- You have access to higher liability limits (up to $50 million), with minimal underwriting review.
- You won’t need to maintain an individual personal excess liability policy.
- You, your spouse or domestic partner and all eligible dependent children are covered.
We offer this outstanding benefit through Chubb, which is an A++ rated carrier, and recognized internationally for its financial strength and incomparable claims service.