Whether it’s wishful thinking or just poor planning, most of us don’t give much thought to preparing for a possible calamity. But life happens and an incident such as an automobile accident or slip and fall by a visitor in your home can leave you vulnerable to a substantial liability claim to your personal lines policy – especially when an opportunist sees a doctor as a source of “deep pockets.”
That’s when personal umbrella coverage becomes an essential part of your collective insurance protection. This must-have coverage will provide you and your family members with additional liability protection should you be faced with a lawsuit that exceeds the coverage provided under your automobile, tenants, homeowners, recreational vehicle, or watercraft insurance policies.
Take, for example, a CAP member who was involved in a head-on car collision with a gentleman who sustained severe head injuries and could no longer work in his high-paying job. Without sufficient personal umbrella coverage, our member would have been responsible for
over $3.5 million in lost wages, medical bills, and other related costs, putting his personal assets at risk. Are you prepared for that kind of loss? Probably not.
As a valued member of the Cooperative of American Physicians (CAP), you can now secure important personal umbrella coverage (also known as Group Personal Excess Liability Coverages) with the highly rated carrier Chubb Insurance with no underwriting. CAP’s personal umbrella coverage purchased through CAP’s insurance agency also includes, at no additional cost, $1 million in uninsured and underinsured
motorist coverage.
You owe it to yourself to check out this excellent coverage and the low rates this policy provides.
If you would like to compare our rates with your current policy, just contact our expert CAP Agency staff at 800-819-0061, extension 1529, or email CAPAgency@CAPphysicians.com. If you would like to sign up for this coverage, enroll online today at https://capgpel.integrogroup.com.