Umbrella liability policy definition

Umbrella liability policy means an insurance contract providing at least $1,000,000 of liability coverage per person or per occurrence in excess of certain required underlying liability insurance coverage or a specified amount of self−insured reten- tion.
View Source
Umbrella liability policy means an insurance contract providing at least $1,000,000 of liability coverage per person or per occurrence in excess of certain required underlying liability
View Source

Examples of Umbrella liability policy in a sentence

  • Certificate of insurance and copies of endorsements to Contractor’s Excess or Umbrella liability policy and shall be provided as evidence of this excess liability or umbrella insurance with an annual an aggregate amount of not less than $25,000,000 for the Contractor and $1,000,000 limits required of subcontractors unless otherwise stated in the Contract Documents, and shall be excess and follow form over primary coverages included herein.

  • The limits of liability shall be not less than Five Million Dollars ($5,000,000.00) per occurrence, which amount may be satisfied with a primary commercial general liability policy of not less than Two Million Dollars ($2,000,000.00) and an excess (or "Umbrella") liability policy affording coverage, at least as broad as that afforded by the primary commercial general liability policy, in an amount not less than Three Million Dollars ($3,000,000.00).

  • Certificate of insurance and copies of endorsements to Contractor’s Excess or Umbrella liability policy and shall be provided as evidence of this excess liability or umbrella insurance with an annual an aggregate amount of not less than $5,000,000 for the Contractor and $1,000,000 limits required of subcontractors unless otherwise stated in the Contract Documents and shall be excess and follow form over primary coverages included herein.

  • Owner’s Umbrella liability policy, using a following form edition, may be used to supplement and satisfy Watercraft liability requirements.

  • An Umbrella liability policy in an amount not less than $3,000,000 (U.S Dollars).

  • The District shall be named as an additional insured; Umbrella liability policy with a $5,000,000 limit as a minimum.

  • Such amounts may be satisfied with a primary commercial general liability policy and an excess or "Umbrella" liability policy affording coverage, at least as broad as that afforded by the primary policy.

  • Excess or Umbrella liability policy in the minimum limit amount of not less than $3,000,000 per occurrence with the Association listed as an additional insured.

  • Certificate of insurance and copies of endorsements to Contractor’s Excess or Umbrella liability policy and shall be provided as evidence of this excess liability or umbrella insurance with an annual an aggregate amount of not less than $10,000,000 for the Contractor and $1,000,000 limits required of subcontractors unless otherwise stated in the Contract Documents and shall be excess and follow form over primary coverages included herein.

  • Certificate of insurance and copies of endorsements to Contractor’s Excess or Umbrella liability policy and shall be provided as evidence of this excess liability or umbrella insurance with an annual an aggregate amount of not less than $5,000,000 for the Contractor and $1,000,000 limits required of subcontractors unless otherwise stated in the Contract Documents, and shall be excess and follow form over primary coverages included herein.