What is the name of a liability insurance policy that provides high - ProProfs Discuss
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What is the name of a liability insurance policy that provides high limits of coverage above underlying coverage and may fill a number of insurance gaps?
A. A general liability policy.
B. An umbrella policy.
C. An errors and omissions policy.
D. A difference in conditions policy.

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Property and Casualty Insurance Quiz
Asked by Evelyn, Last updated: Mar 27, 2020

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John Smith

John Smith

Answered Sep 09, 2016

An umbrella policy.
Answer B is correct. Umbrella policies provide high limits of liability coverage above underlying policy limits and might fill a number of insurance gaps. Both Personal and Commercial Umbrella policies are available.
 

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