Personal umbrella liability insurance
provides additional coverage for bodily injury, property damage and personal injury to others — beyond the policy limits outlined in your main homeowners policy.
You can either increase your limits, or consider buying an umbrella liability policy, which will
provide additional coverage if the costs associated with your accident exceed the limits of your liability coverage.
An insurance policy designed to
provide additional coverage against major losses covered under the original policy if existing liability claim payments are exhausted past their limits.
The policies are intended to help you recover those losses, as well as
provide additional coverage in case you become ill or injured while traveling or that that your property has been lost, stolen or damaged.
In the renters insurance industry, a floater policy
provides additional coverage options for the possessions in your home that are excluded on your standard policy, such as certain types of jewelry, electronics or antiques.
If the standard liability coverage in your homeowners policy is not sufficient, you may need an excess liability, or umbrella, policy, which
provides additional coverage over and above what is covered in your home (and auto) insurance policy.
More relevant to a personal injury claim is Uninsured / Underinsured Motorist Bodily Injury (UM),
which provides additional coverage for injuries suffered by occupants of a vehicle if the responsible driver was uninsured or carried a lesser amount of bodily injury insurance.
Two highly skilled veterinary neurologist
neurosurgeons provide additional coverage several days a month, including Peter J. Early, DVM, DACVIM (Neurology), Clinical Associate Professor, Neurology, at North Carolina State University Veterinary Health Complex.
To help with planning, LAWPRO has a «Test Your Exposure» stress test available on its website that can help lawyers determine if their firm would benefit from getting excess insurance that will
provide additional coverage limits in the event claims arise that exceed the standard $ 1 million per claim / $ 2 million in the aggregate annual policy limits.
It may be in your best interest to investigate personal umbrella coverage to protect you and you loved ones in a broader array of accidents, and to
provide additional coverage above your current policy limits.
As a large and well respected brand with short application forms and faster than normal turnaround times, Pacific
Life provides additional coverage for chronic and terminal illnesses under their «Living Needs Benefit».
Another possible solution would be to purchase an accidental death insurance policy, however this «solution» would
only provide additional coverage were you to die from an «accidental» cause of death and would not provide any coverage due to an «natural» or «illness based» cause of death.