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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 options:
  • $2 million in coverage
  • $5 million in coverage
  • $10 million in coverage
Additional Features
Additional features include:
  • Uninsured/Underinsured Motorist Protection — $2 million in coverage
  • Identity Fraud — $25,000 in coverage
  • Kidnap Expense — $100,000 in coverage
  • Reputational Injury — $25,000 in coverage
Who's Covered?
If you enroll for coverage, the Plan provides coverage for you and all of the dependents who are eligible and qualify for the JPMorgan Chase Medical Plan (your spouse or domestic partner and your children under age 26). For more details, see "Your Eligible Dependents" in the Health Care Participation section.
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 in case of liabilities beyond the limits of liability provided by your primary auto, homeowners, renters, recreational vehicle, motorcycle or watercraft insurance policies. This primary 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 Arthur J. Gallagher Risk Management Services.
Plan benefits are provided through insurance offered by The Chubb Insurance Company.