MLchartDataset catalogue

Personal umbrella policy PUP

Term · Insurance and risk management · MLC-T-INS-002565

An insurance policy that provides additional liability coverage beyond the limits of underlying auto, homeowner's, or other personal liability policies. It also offers coverage for some claims not covered by the underlying policies, subject to a self-insured retention. A personal umbrella policy typically offers limits of $1 million or more.

Table 1. Record
IdentifierMLC-T-INS-002565
FieldInsurance and risk management
SubjectPersonal Lines
Record as JSON 
{
  "id": "MLC-T-INS-002565",
  "term": "Personal umbrella policy PUP",
  "field": "Insurance and risk management",
  "definition": "An insurance policy that provides additional liability coverage beyond the limits of underlying auto, homeowner's, or other personal liability policies. It also offers coverage for some claims not covered by the underlying policies, subject to a self-insured retention. A personal umbrella policy typically offers limits of $1 million or more.",
  "subject": "Personal Lines",
  "url": "https://mlchart.com/terminology/insurance/personal-umbrella-policy-pup/"
}

Record 2,570 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.