"Is My Umbrella Policy Enough?"
… In short, if you are wealthy and have your insurance with a company that regularly advertises on television, you will most likely be underserved on umbrella coverage. In other cases, a client may have remained for many years with an insurance agent or broker who is not sensitized to the client’s wealth accumulation or does not have access to the best insurance markets for this important coverage. How are Legal Defense Costs Treated? This is an essential factor that varies among insurance carriers. The policy language of carriers catering to wealthy individuals – such as Chubb, PURE, AIG Private Client …
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