When placing or reviewing umbrella or excess policies, readers often focus on consistency between the coverage period, coverage grants, definitions, and exclusions. But a few recent trends suggest more attention should be given to retentions and deductibles, to ensure a seamless transition from primary to excess layers up through a coverage tower.
July 24, 2017 Practice Points
Avoiding Coverage Gaps in Your Excess Policies
A few recent trends suggest more attention should be given to retentions and deductibles to ensure a seamless transition from primary to excess layers up through a coverage tower
by Nicholas M. Insua
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