umbrella policy

An insurance policy covering losses that exceed the basic or usual limits of liability provided by other policies. See umbrella insurance under INSURANCE. [Cases: Insurance 2110, 2394.]

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词条贡献者

译者Sherry，毕业于欧洲顶尖的高级翻译学院，擅长翻译各种与复杂并购相关的法律文件。