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surplus accountability indemnity is a type of policy that provides limits that exceed the underlying liability policy It does not broaden the stated coverage but will provide higher limits on top of the original policy The primary purpose of surplus accountability indemnity is to close coverage gaps and to offer an added layer of protection in case the
Excess liability insurance is a type of insurance policy that provides higher coverage limits when placed on top of an original primary policy The purpose of excess liability insurance is to close any gaps in coverage and provide an extra layer of protection should the primary insurance such as a general liability policy be exhausted
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Wednesday, November 17, 2021