There are so many things you can cover with umbrella insurance. You can insure your home, vehicle, and pretty much any other property. As you’re taking stock of everything to determine how much umbrella insurance you need, you might be thinking about your life insurance policy. You may wonder if it will be affected by any umbrella insurance policy you take out. The truth is, you may not have to worry at all!
Understanding Umbrella Insurance and Its Coverage
Umbrella insurance protects your assets by covering bills for medical care or repairs that you are found responsible for. Umbrella policies generally cover more than other insurance policies, and they also offer more comprehensive liability coverage. Because umbrella insurance is primarily a backup for liability coverage, it may not cover life insurance. Life insurance pays out to your beneficiaries in the event of your death, while umbrella insurance is more for liability. The two are separate and will remain separate. Neither one will affect the other in any way.
Contact The Bunn Agency in Forsyth, GA
If you are in the Forsyth, GA area and are in the market for umbrella insurance, please consider The Bunn Agency. We will connect you with one of our courteous and knowledgeable agents who will be dedicated to helping you find the right policy that best suits your unique needs. Figuring out which policy is most suitable for you can be challenging, but our agents will be happy to guide you through it.