You run an international real estate operation and transport many of your super-wealthy customers in a helicopter to properties they potentially may purchase. Your aircraft insurance has a liability limit of $300,000 per passenger seat (which wouldn't begin to cover the probable judgment if even one of these customers was killed or injured in the crash of one of your company's helicopters).  If you are unable to purchase aircraft insurance with liability limits sufficiently high to cover a helicopter load of high rollers, is any other insurance available to cover liability above and beyond the aircraft insurance policy's liability limits?  If so, describe.

Answer rating: 100% (QA)

Yes in such a scenario an additional insurance policy known as Umbrella Liability Insurance or Exces... View the full answer