Umbrella Insurance Policy Canada

As its name implies umbrella insurance sits on top of your other insurance policies like an umbrella to provide added financial protection in the event that other policies cannot cover the loss.
Umbrella insurance policy canada. This extra policy could help protect your bank account home and other personal property. Coverage is worldwide and applies to the following. Umbrella insurance is additional liability insurance that offers worldwide protection to protect your personal assets.
Watercraft aircraft liability coverage for professional employees newly acquired organizations defense. Protect yourself with liability umbrella coverage from intact insurance canada s largest home auto and business insurance company. I don t need an umbrella policy i don t have 1 million to lose.
Personal umbrella excess liability a critical but often overlooked component of personal risk management. An umbrella policy could provide the additional coverage you need so that you don t get stuck trying to pay the remaining balance yourself. Umbrella coverage will follow you around the world.
This same principle will apply to you if you are involved in a car accident while driving a rental car. For example if you accidentally start a fire in a hotel room the umbrella coverage you have on your home insurance policy can cover you for amounts in excess of your liability coverage. Umbrella insurance can provide 1 million or more in coverage and many cover more risks than a standard home insurance policy.
Sometimes things go wrong a car accident a guest slips and falls on your property a lawsuit. Zurich s umbrella policy was designed to consolidate complicated liability coverage into one simplified umbrella form simplifying the process for both brokers and customers. A personal umbrella policy can help cover the additional costs when your standard insurance policy isn t enough.
Remember that umbrella insurance is available from most. If your general liability isn t enough you should definitely consider investing in an umbrella policy. This additional coverage will provide you with more protection and additional peace of mind.