Excess Liability v/s Umbrella Policy

Excess Liability v/s Umbrella Policy

[@rajendrachand4419]

Helo sir..i am new to your channel, can you please make video on life cylcle of policy..how it gets into to system till bonding of any policy.

[@TheAbzy01]

@prasathparthiban586 @P&C Insurance Helpline: Sir, Thank you for clarifying the queries. It was extremly helpful. Can you please help with below questions, 1: Claims Made policy with an exmaple also retroactive date with example and how ERP(Extended Reporting Period) comes in picture 2: Occurence policy with an example 3: Does Excess policy needs to have same coverages as Underlying policy? 4: Should Effective & Expiry date of Undelying policies match with Excess policy 5: Diff between Runoff vs ERP with example also pls explain Retroactive date with example I have real confussion for above points.

[@zonexs123]

Me too looking for these clarifications. Hoping to see a video on this.

[@9322693481]

Sir, what is attachment point in insurance? Is this limit ?

[@prasathparthiban586]

This is related to Reinsurance.Threshold after which Reinsurer will pay the loss