Commercial Insurance Excess/Umbrella Policy is a type of insurance policy that provides additional liability coverage beyond the limits of an underlying primary policy. This policy helps protect businesses from financial losses resulting from liability claims that exceed the limits of their primary policy.
Examples of coverage offered under Excess/Umbrella Policy include:
Examples of businesses that may require Excess/Umbrella Policy include:
Overall, Excess/Umbrella Policy is essential for any business that wants to protect itself from financial losses resulting from liability claims that exceed the limits of their primary policy. This type of policy can help ensure that businesses have adequate coverage to protect against unexpected events and potential financial risks.
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