MLchartDataset catalogue

Bumbershoot

Term · Insurance and risk management · MLC-T-INS-000637

An umbrella liability policy designed for marine-related businesses, providing excess liability coverage over underlying primary marine and non-marine liability policies. It protects against catastrophic losses arising from maritime operations, such as collisions, pollution, and personal injury claims. This policy extends coverage beyond the limits of standard marine liability forms.

Table 1. Record
IdentifierMLC-T-INS-000637
FieldInsurance and risk management
SubjectCommercial Auto
Record as JSON
{
  "id": "MLC-T-INS-000637",
  "term": "Bumbershoot",
  "field": "Insurance and risk management",
  "definition": "An umbrella liability policy designed for marine-related businesses, providing excess liability coverage over underlying primary marine and non-marine liability policies. It protects against catastrophic losses arising from maritime operations, such as collisions, pollution, and personal injury claims. This policy extends coverage beyond the limits of standard marine liability forms.",
  "subject": "Commercial Auto",
  "url": "https://mlchart.com/terminology/insurance/bumbershoot/"
}

Record 402 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.