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Umbrella Insurance Policies.

With the news about Jeffrey K. Skilling's sentencing regarding Enron, it brought up an interesting discussion between me and Delia Fernandez. Delia posts often under Financial Advisories by Delia on this blog.  She's terrific, by the way.

We started talking about umbrella liability insurance policies and whether I knew that those policies paid for the legal defense of OJ Simpson and President Clinton. I've posted about umbrella insurance policies before. Read them here and here. I hate to use this word, but "clearly" these policies are a bargain.
 
Here are two links for interesting reading about umbrella liability insurance policies:  Businessweek and Court TV.

As Delia says, "what a hoot of a topic!"

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Comments

Umbrella insurance policies are clearly a bargain!

What you need to ask about umbrella policies is if there is a self insured retention layer, if they cover you for Uninsured Motorist Bodily Injury and what items are ecluded. Often, public figures, professional athletes, and entertainers will have a difficult time obtaining an Umbrella Policy.

I recently came across your blog and have been reading along. I thought I would leave my first comment. I don't know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.

I recently came across your blog and have been reading along. I thought I would leave my first comment. I don't know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.

Thanks for posting this, any info on the subject, positive that is, will help people understand more about this subject.

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