The JPMorgan Chase Group Personal Excess Liability Insurance Plan provides additional liability protection for damages and costs for which you or a covered family member are liable, beyond the limits of liability provided by your primary auto, homeowners, renters, recreational vehicle, motorcycle, and watercraft insurance policies. If you enroll, you can choose from three levels of coverage:

Coverage under this type of plan is designed to be in excess of any other collectible insurance and is also known as an "umbrella policy." This type of insurance plan provides extra coverage beyond any other insurance you may have. It typically covers legal damages for personal injury or property damage that exceed what your primary insurance covers. It can also cover damages from the start if you don't have any underlying insurance or if your underlying insurance doesn't cover a specific incident, unless there are exceptions noted in the policy.

For example, in the case of a car accident, your primary auto insurance policy would provide the first level of coverage and the JPMorgan Chase Group Personal Excess Liability Insurance Plan would be available once the primary limits are exhausted. However, if you already have a personal excess liability policy, in many cases that policy will act as the second layer of coverage and then the JPMorgan Chase Group Personal Excess Liability Insurance Plan would be the final layer of coverage, after all other policy limits are reached. To fully understand the implications of multiple excess liability policies (personal and group) it is recommended you review the policies with your insurance agent. Additionally, you can contact the plan administrator, Marsh McLennan Agency Private Client Services (MMA PCS), at (855) 426-1380.

Chubb will pay on the participant's behalf up to that amount for covered damages from any one occurrence, regardless of how many claims, homes, vehicles, watercraft, or people are involved in the occurrence. Any costs Chubb pays for legal expenses are in addition to the amount of coverage.

In case of an accident or occurrence that may result in a claim, you must notify Marsh McLennan Agency Private Client Services as soon as reasonably possible. Delays in filing could result in complications, loss of crucial evidence or disputes regarding what transpired.