To provide additional coverage over individual’s auto and homeowner’s insurance policies and legal defense for covered claims, Go Global Benefits’ Group Personal Excess Liability plan is an ideal choice of many mid and large-sized accounting firms.
In order to provide protection for both individuals and the organization, all the key individuals and partners are covered under the plan. There are no predefined underwriting requirements to qualify any member for the plan. The main idea behind this coverage is to emphasize all partners to have high limit personal excess liability.
The basic limits of personal liability begin at $1 million for each member in an organization and can go up to a high limit of $5 million. Based on the class of individuals, organizations can select different limits of coverage for each member.
UMC provides protection to a person up to $1 million who sustains bodily injury from an automobile accident and has no liability insurance.
This plan covers all new partners and key individuals at any point in time with just a notification without the need for any individual underwriting requirements.
Single Premium covers all qualifying risks for individuals without any premium surcharge or coverage limitation. The minimum annual premium is $10,000 per organization and the coverage options can vary based on limits and classes of individuals providing a custom comprehensive policy for each organization.