Personal Umbrella Insurance
June 7, 2023
Are you looking for a complete protection solution for your assets and financial well-being? Then, Personal Umbrella Insurance might be the right choice for you. Personal Umbrella Insurance is an additional layer of liability coverage that safeguards your assets beyond the limits of your primary insurance policy.In today’s world, protecting your savings, home, vehicles and future income is paramount. In Alberta, unpredictable weather and accidents can happen at any time, leaving you vulnerable to lawsuits and damages. That’s where Personal Umbrella Insurance comes into play, providing you with extra coverage against such scenarios.
- Personal Umbrella Insurance covers a wide range of personal liability claims such as defamation, libel, slander, bodily injury, property damage and more.
- It also protects you in case of unforeseeable events like dog bites, watercraft accidents, ATV accidents and other similar incidents.
- It is important to note that Personal Umbrella Insurance is not a standalone policy. It works in conjunction with your existing policies like homeowners, renters or auto insurance.
- In the event of a claim, the underlying policy will pay first and then the Personal Umbrella Insurance policy kicks in, up to the limit you have chosen.
- In addition to the added protection, Personal Umbrella Insurance offers several benefits. Firstly, it provides a peace of mind knowing that you are covered beyond the standard policy limits. Secondly, it may also offer legal representation in case of a lawsuit, which can be costly without proper coverage.
- It is an affordable option, considering the extra coverage you receive.
When considering Personal Umbrella Insurance, it is important to choose an insurance company that has a good reputation and experience in the field. Ing & McKee Insurance is a trusted name in the insurance industry, offering comprehensive coverage options including Personal Umbrella Insurance. Our team of experts can provide you with personalized guidance and support to help protect your financial assets and peace of mind.
If you are interested in adding Personal Umbrella Insurance to your existing insurance policies, it is recommended to speak with your insurance broker.
- An insurance broker can help evaluate your individual circumstances and provide you with personalized advice on whether Personal Umbrella Insurance is right for you.
- Your insurance broker can also help you understand the coverage limits and any exclusions that may apply to the policy.
- They can assist you in selecting the appropriate amount of coverage that best suits your needs and budget, considering factors such as your assets, income and potential risks.
- In addition, your insurance broker can help you compare the costs and benefits of different Personal Umbrella Insurance policies available in the market.
- They can provide you with quotes from different insurance providers and help you make an informed decision based on your preferences and requirements.
Our brokers can provide you with a detailed explanation of the coverage options available and help you make an informed decision that gives you peace of mind.