"Is My Umbrella Policy Enough?"
… 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, Travel Guard® Private Client, or Cincinnati – generally treats legal defense costs as being outside your excess liability coverage limits. This can be vitally important, as protracted litigation could generate seven-figure legal
https://www.epicbrokers.com/insights/is-my-umbrella-policy-enough/