UMBRELLA: This form provides a higher limit of coverage that is excess over scheduled underlying policies. It is used in one of three ways:
EXCESS: This form provides higher limits of coverage for only those hazards covered by your primary policies. No coverage exists if it is not included in your underlying schedule. Coverage is designed to drop down when claims payments have reduced/depleted the aggregate limits of the underlying coverage.
To learn more about how Umbrella Excess applies specifically to your business, call 636-229-7000 or schedule an appointment for a complimentary consultation with one of our experienced agents.