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    Question

    Insurance Policy which is provided as an additional

    layer of security to those who are at risk for being sued for damages to other people’s property or injuries caused to others in an accident is known as?
    A Internet Liability Insurance Correct Answer Incorrect Answer
    B Kidnap/Ransom Insurance Correct Answer Incorrect Answer
    C Inland Marine Insurance Correct Answer Incorrect Answer
    D Umbrella Insurance Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    An umbrella insurance policy is extra liability insurance coverage that goes beyond the limits of the insured's home, auto or watercraft insurance. It provides an additional layer of security to those who are at risk for being sued for damages to other people's property or injuries caused to others in an accident. It also protects against libel, vandalism, slander and invasion of privacy. An umbrella insurance policy is very helpful when the insurance owner is sued and the dollar limit of the original policy has been exhausted.

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