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Umbrella Personal Liability Policy |
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Umbrella personal liability policy A liability insurance policy that provides protection against damages not covered by standard liability policies, such as large jury awards in lawsuits. Umbrella Personal Liability Policy An insurance policy that guards the policyholder from unusual legal expenses from a lawsuit that other liability policies do not cover. This includes both attorneys' fees and damages that the policyholder must pay. Umbrella personal liability policies cover extraordinarily large jury awards or other highly unusual expenses. Premiums on liability insurance are sometimes considered prohibitively expensive, depending on the policyholder's profession. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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