Umbrella Liability

The ACE Umbrella Liability Policy provides excess cover over a company’s underlying liability policies. It eliminates the necessity to issue other separate excess liability covers over each and every liability policy. It also offers protection where gaps in the primary liability insurances have been overlooked.

Features and Benefits:

• Provide difference in limits/difference in conditions coverage
• Broad definition of personal injury and insured
• Drop down coverage of agreed underlying primary policies upon exhaustion of annual aggregate limits
• Drop down coverage for contingencies not covered under the agreed primary policies
• Excess limits
• Wide ACE network of over 50 countries including USA and Canada
• Availability of Casualty Risk Engineering capabilities
• Large Capacity of up to US$75,000,000 limit

Specialization:

• Construction (Third-party liability exposures)
• Manufacturing (light & heavy industries)
• Distribution (wholesalers, retailers)
• Real estate & hospitality (serviced apartments, hotels, resorts etc)
• Energy (utilities, oil & gas, petrochemicals etc)
• Services (banks, telecommunications etc)