PERSONAL LINES

Group Excess

Group Umbrella liability programs enable organizations to attract and retain valuable employees by offering them access to a superior personal umbrella product. These programs are offered by our high net worth carriers: ACE, AIG, Chubb and Firemans’ Fund.

Employees are able to gain access to much higher liability limits than may be found in the open market and are able to do so at a group discounted rate. In some cases, premiums for individuals are as much as 50% less in a group program than with an individual umbrella liability policy.

Group programs offer liability limits from $1,000,000 to $50,000,000 with flexibility to customize each program. Because of their success, senior level executives need high liability limits as they can often be the target of lawsuits. While within the same organization, not everyone may need those high limits, so each plan can be customized to fit individual limits and optional coverages.

Coverage highlights include:

n Worldwide liabilityn Defense costs outside of the liability limitsn Identity theftn Kidnap expensen Loss assessment coverage

The application process is simple. Contact your local CBIZ office or Judy Squires at 1.800.684.2474 or jsquires@cbiz.com.©

Cop

yrig

ht 2

014. C

BIZ

, Inc

. N

YSE

List

ed: C

BZ.

All

right

s re

serv

ed. • C

BIZ

-217

n Increased uninsured and underinsured motorist limits

n Automatic coverage for household family members, often with little or no underwriting

Optional coverages include:

n Directors & Officersn Employment Practices Liabilityn Reputational Injuryn Shadow Defense Expense… and more

Group Excess programs can be offered by the employer as a voluntary benefit or for smaller groups up to 25 on a mandatory basis. Premiums start at $15,000 and vary by carrier.