Flashcards in Umbrella Deck (6)
Policy that does not provide broader coverage; only higher limits.
Are umbrella policies available for wc?
If a loss is not covered by the underlying policy the insured would be responsible for the ______ _________ ______________.
When does an umbrella policy pay without a SIR?
1) excess of claim covered by primary policy
1) drop down due to aggregate limit being exhausted.
When are defense costs paid under Umbrella policies?
First-dollar defense coverage.