Which type of insurance policy covers liability that exceeds the coverage of a regular insurance policy?A.Umbrella insuranceB.Disability insuranceC.Health insuranceD.Life insurance
Question
Which type of insurance policy covers liability that exceeds the coverage of a regular insurance policy?A.Umbrella insuranceB.Disability insuranceC.Health insuranceD.Life insurance
Solution
The type of insurance policy that covers liability that exceeds the coverage of a regular insurance policy is A. Umbrella insurance. This type of insurance provides an extra layer of protection beyond the limits of policies like homeowners or auto insurance. It kicks in when the policyholder's standard insurance coverage has been exhausted, or if the claim is not covered by the regular policy.
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