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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
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Provide
difference in limits/difference in conditions coverage |
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Broad
definition of personal injury and insured |
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Drop
down coverage of agreed underlying primary policies
upon exhaustion of annual aggregate limits |
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Drop
down coverage for contingencies not covered under
the agreed primary policies |
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Excess limits |
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Wide
ACE network of over 50 countries
including USA and Canada |
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Availability of Casualty Risk Engineering capabilities |
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Large
Capacity of up to US$50,000,000 limit |
Specialization
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Construction (Third party liability exposures) |
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Manufacturing (light & heavy industries) |
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Distribution (wholesalers, retailers) |
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Real estate & hospitality (serviced apartments,
hotels, resorts etc) |
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Energy (utilities, oil & gas, petrochemicals
etc) |
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Services (banks, telecommunications etc) |
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Retail |
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