Meaning UMBRELLA PERSONAL LIABILITY POLICY: A liability insurance policy that provides protection against damages not covered by standard liability policies, such as large jury awards in lawsuits
More terms such as Umbrella personal liability policy in Dictionary U.
- Definition Unsystematic Risk:
- Examples diversifiable risk or residual risk. The risk that is unique to a company such as a strike, the outcome of unfavorable litigation, or a natural catastrophe that can be eliminated through umbrella personal liability policy definition.
- Definition Unilateral Transfers:
- Examples current account of the balance of payments of a country's accounting books that correspond to gifts from foreigners or pension payments to foreign residents who once worked in the particular umbrella personal liability policy explain.
- Definition Unearned Interest:
- Examples Interest that has been received on a loan, but that cannot be treated as a part of earnings yet, because the principal of the loan has not been outstanding long enough umbrella personal liability policy what is.
- Definition Upswing:
- Examples An upward turn in a security's price after a period of falling prices umbrella personal liability policy meaning.
- Definition Undiversifiable Risk:
- Examples Related: Systematic risk umbrella personal liability policy abbreviation.
