Common use of Umbrella or Excess of Loss Coverage Clause in Contracts

Umbrella or Excess of Loss Coverage. If the limits specified in Article 5.5.A and 5.5.B are not met, an Umbrella or Excess Liability policy of not less than $1,000,000 for any one occurrence and subject to the same aggregate over the Comprehensive Automobile Liability and Commercial/Comprehensive General Liability coverages is acceptable.