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Personal Excess Liability Highlights

Benefits of Participating
The Group Personal Excess Liability Insurance Plan provides additional liability protection for damages and costs arising from bodily injury or personal injury to others, or for damage to the property of others.
This insurance covers what you or a covered family member may be liable for beyond the limits of liability provided by your primary auto, homeowners, renters, recreational vehicle, motorcycle or watercraft insurance policies.
Your Choices
You can choose from among the following coverage options:
  • $2 million
  • $5 million
  • $10 million
Additional Features
Additional features include:
  • Uninsured/Underinsured Motorist Protection — $2 million in coverage
  • Identity Fraud Expense — up to $25,000 in coverage
  • Kidnap Expense — up to $100,000 in coverage
  • Reputational Injury Expense — up to $25,000 in coverage
  • Shadow Defense — up to $10,000 in coverage
Additional Services
Services available to enrolled JPMorganChase members through Marsh McLennan Agency include:
  • Complimentary Personal Risk Management Review: Enrolled JPMorganChase members can elect to receive a complimentary personal risk analysis from a Marsh McLennan Agency personal risk advisor. Through this consultation, a personal risk advisor will evaluate the adequacy of your existing policies, identify exposures, and determine whether there are sufficient underlying liability limits in your current coverage. The advisor will also provide customized recommendations to improve the effectiveness of your coverage and ensure you have the broadest coverage available for the best value.
  • Liability Estimator Tool: You'll have access to a confidential online liability estimator tool to quickly get a preliminary estimate of the liability coverage amount that may be appropriate for you.
  • Claims Advocacy: In the event of a claim, Marsh McLennan Agency will serve as your advocate throughout the claims process. The highly experienced team of personal insurance field claims executives and claims analysts are dedicated to:
  • Proactively help you get a prompt and fair settlement from insurers.
  • Provide clear and timely information about your claim status.
  • Advocate on your behalf with insurers in complex cases.
Who's Covered?
If you enroll for coverage, the Plan provides coverage for you and extends coverage to your spouse or domestic partner, or other relative who lives with you. For more details, see the definition of Covered Person in "Defined Terms."
Costs
You pay the full cost of any group personal excess liability insurance you choose on an after-tax basis. There is a flat rate for coverage based on the coverage level you elect — your cost per pay period is the same regardless of how many dependents you cover.
Enrolling and Changing Coverage
Enrolling: You can only enroll for coverage during Annual Benefits Enrollment or when you first become eligible (generally, as a newly hired employee or due to a work status change).
Changing Coverage: You cannot drop coverage during the plan year. You can only make changes to your coverage during Annual Benefits Enrollment (usually held in the fall of each year for the following year's participation). Midyear changes due to a Qualified Status Change (QSC) are not permitted under this Plan. When you enroll, your participation is in effect through December 31 and you may not stop participating unless you are no longer eligible due to a work status change.
Required Underlying Insurance
The Plan is designed to provide protection for covered damages in excess of all underlying insurance covering those damages, even if the underlying coverage is for more than the minimum amount provided by your primary auto, homeowners, renters, recreational vehicle, motorcycle or watercraft insurance policies. This primary insurance coverage is called the underlying coverage. You are required to have primary insurance in place that meets the specifications noted in "Required Underlying Insurance."
Claims Administrator
The claims administrator is Marsh McLennan Agency Private Client Services.
Plan benefits are provided through insurance offered by Chubb.