ACE Umbrella PlusSM Commercial Umbrella Liability Insurance for Construction Industry
ACE Umbrella/Excess Liability insurance offers specialized solutions for the construction industry, which include standard and specialty lead umbrella and excess liability insurance.
Benefits:
- Experienced construction underwriting specialists
- Innovative solutions to address unique construction-related requirements
Coverage:
- Lead umbrella or standard excess basis
- Term of project policies and extended completed operations coverage
- Project specifics
- Wrap-Ups (CCIP/OCIP)
Minimums & Limits
Minimums
-
Minimum premium: $50,000
- Minimum underlying requirements: $1 million per occurrence/aggregate for general liability, employers liability and auto liability
Limits
- Up to $25 million per occurrence/aggregate - additional limits may be available
- Attachment point: preferred attachment point within first $50 million excess of underlying insurance
Target Client
Target Clients:
- Commercial contractors
- High-rise residential contractors (commercial grade)
- Industrial contractors
- Healthcare projects
- Power generation projects
Restricted Classes:
- Subject to individual program and risk assessment and underwriting
- Residential construction
