october, 2021

fri29oct10:00 am11:00 amCommercial Umbrella Policy10:00 am - 11:00 am(GMT-06:00) View in my time

Class Details

A complete review of the commercial umbrella policy is provided in this class.  Included is the arrangement of the policy, coverages provided, conditions, endorsements, exclusions, and the difference between Umbrella Liability and Excess forms.

    The following topics are included:
  • How Umbrella Liability Differs from Excess Liability and which has broader coverage
  • A detailed review of coverages
  • Bodily Injury and Property Damage Liability coverages, including
    • coverage extensions
    • coverage exclusions
  • Personal and Advertising Injury coverages, including
    • exclusions
    • Insuring agreement
  • How the umbrella handles supplementary payments
  • A direct focus on the importance of listing underlying policies as well as:
    • Matching coverage forms
    • Having the correct limits
    • Matching effective dates
  • The conditions of an umbrella policy as well as definitions
  • Review of the Acord Umbrella Application

****This course lasts 1 consecutive hour****

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Instructor

JustineEducation & Sales Instructor

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