umbrella liability insurance policy

umbrella liability insurance policy
всеобъемлющий полис по страхованию ответственности

English-Russian insurance dictionary. 2014.

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  • Liability insurance — is a part of the general insurance system of risk financing. Originally, individuals or companies that faced a common peril , formed a group and created a self help fund out of which to pay compensation should any member incur loss. The modern… …   Wikipedia

  • Umbrella Insurance Policy — Extra liability insurance coverage that goes beyond the limits of the insured s home, auto or watercraft insurance. It provides an additional layer of security to those who are at risk for being sued for damages to other people s property or… …   Investment dictionary

  • Umbrella insurance — refers to a liability insurance policy that protects the assets and future income of the policyholder above and beyond the standard limits on their primary policies. It is distinguished from excess insurance in that excess coverage goes into… …   Wikipedia

  • umbrella — um·brel·la adj: being or relating to a supplemental insurance policy that extends the coverage of an underlying policy on the same risk an umbrella policy umbrella liability insurance Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • insurance — /in shoor euhns, sherr /, n. 1. the act, system, or business of insuring property, life, one s person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a… …   Universalium

  • umbrella personal liability policy — A liability insurance policy that provides protection against damages not covered by standard liability policies, such as large jury awards in lawsuits. Bloomberg Financial Dictionary …   Financial and business terms

  • Insurance in the United States — refers to the market for risk in the United States of America. Some main features of insurance could be said to be, *the benefit provided by a particular kind of indemnity contract, called an insurance policy; *that is issued by one of several… …   Wikipedia

  • insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… …   Black's law dictionary

  • insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… …   Black's law dictionary

  • Umbrella Personal Liability Policy — A type of insurance policy that provides excess coverage above and beyond the liability coverage amounts in a standard insurance policy. The umbrella policy provides extra protection in the event that a lawsuit exceeds the basic level of coverage …   Investment dictionary

  • Disability insurance — Disability Insurance, often called DI or disability income insurance, is a form of insurance that insures the beneficiary s earned income against the risk that a disability will make working (and therefore earning) impossible. It includes paid… …   Wikipedia


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