Umbrella Liability Policy
- Covers 3rd party legal liability
- Attaches directly above the primary layer
- Coverage can include most lines of businessIt is triggered when either the applicable limits of insurance of the underlying policies are exhausted or when the damages covered under the umbrella are not covered by the underlying insurances
Why Tata AIG?
Tata AIG's public liability coverage option gives you the freedom to choose:
- Offers Excess and Umbrella Covers for all the following types of Policies
- Public Liability Insurance
- Product Liability Insurance
- Umbrella also a Duty-to-defend policy based on the CGL format.
- International claims handling expertise stretching to more than 130 countries.
- Coverage can be written on both Claims Made and Occurrence Formats.
- Among the few underwriters who can provide both Worldwide jurisdiction Primary and Umbrella coverages not only in India but also worldwide.
- Experience and ability to handle all types of Large and Commercial Liability risks.
Who should buy?
Companies which are multinational in character and have autonomous operations in various countries and jurisdictions where liability exposures differ considerably.
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SMS `TAG` to 5616181
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