Protecting your exposure to liability.
A million dollars isn’t what it used to be. Personal liability insurance is often not enough for high-level executives or other affluent individuals. Unless required by a firm, individuals may not carry excess liability coverage and unless audited, the employee may not be aware of his/her limit of coverage or potential coverage gaps. That’s why Oswald recommends adding substantial benefit group personal excess liability insurance for key personnel or clients at your firm. This solution offers limits of up to $50 million, and is an inexpensive method that benefits employees at the firm’s cost.
Why Group Excess?
In today’s litigious society, personal excess liability becomes that much more important in protecting that which you have worked so hard to acquire. Often purchasing higher limits for a personal excess liability policy becomes difficult, expensive, or both. The price is predetermined and is not affected by how many homes and autos you own, or the number and age of the drivers in your household.