UMBRELLA AND EXCESS PRACTICE

Written mono-line or in support of our CGL facility

• We can write over any approved carrier whether with SUM Insurance or elsewhere.

Financial Security.

• Solid carriers with A ratings from A.M. Best.

Occurrence or Claims made forms available.

• Our umbrella policy will dovetail the underlying policy regardless of the insuring agreement.

Flexibility on how limits can be used.

• Excess liability can be written on excess of loss or quota share basis.

Ability to schedule most legal liability policies including foreign.

• We can schedule policies such as non-owned aircraft, watercraft, and U.S. automobile to name just a few.

Canadian or U.S. currency.

• Your choice of Canadian or U.S. currency.

Worldwide Protection.

• Provides coverage regardless of where the loss may occur.

"Pay on behalf of".

• Unlike a policy written on an indemnity basis where you first pay the loss then seek reimbursement from the insurer, we pay losses on your behalf (where permitted by law).

Duty to defend.

• Insurer will provide defense cost for suits covered by the policy. We do not seek reimbursement for these costs.

Defense cost will not erode your limits.

• Cost of defending lawsuits and interest expense is in addition to the limits of insurance.

Newly acquired or formed organizations are included as insured's.

• Automatic coverage for newly acquired or formed organizations if reported within 90 days.

Volunteers are covered.

• Automatic coverage for volunteers while performing duties related to the conduct of your business.

Broad definition of bodily injury.

• Bodily injury includes mental anguish or other mental injury. Also provides coverage for Personal injury (which includes false arrest, detention or imprisonment, malicious prosecution, discrimination, humiliation, wrongful eviction, libel and slander).