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Investments glossary

Umbrella Personal Liability Policy

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Quotes of the day:

Stay away from needle drugs. Richard Nixon is the only dope worth shooting.

— Abbie Hoffman

An umbrella personal liability policy is extra liability coverage which goes beyond the limits of the insured’s home, auto or other liability coverage. It provides an additional layer of security to those who are at risk of high loss if they injure someone else, or someone’s property. An umbrella policy provides broad coverage, meaning that some claims which would not be covered by a standard policy may have coverage under the umbrella policy.



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