Umbrella Insurance Policy

Umbrella Insurance Policy

by Richard C. Wilson & Family Offices Group Association Team

Family Office Definition: Umbrella Insurance Policy

Umbrella Insurance Policy definition:  An umbrella insurance policy protects in the case of lawsuits for property damage or injuries.  The umbrella policy is typically added to a home or auto insurance policy. Families with significant wealth have more assets to protect and seek additional coverage that is beyond the limits of standard policies.

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