Presentation title Presentation subtitle

Protecting AssetsGroup Personal Excess Liability

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Auto - LiabilityAuto accidents are leading cause of death in 15-20 year olds

13% of drivers are uninsured

We have a claim that we immediately reserved $5m – Insured was driving and hit a pedestrian who passed away from injuries. The pedestrian is a surgeon with a wife and two children. The insured also has a gap in coverage. They did not carry the required underlying limit of liability that the excess policy followed.

Homeowner Liability

SWIMMING POOLS

SLIP & FALLS

OUT OF CONTROL HOUSE PARTIES

DOG BITES

A Realtor wrote a blog about high rise properties for sale in Miami. He supplied statistics regarding cost, amenities and location. He informed readers that a certain high rise complex was experiencing a high vacancy rate. He further noted that many buyers had backed out of deals for this particular high rise. He made an additional comment that he was not a fan of this particular property. When the Realtor strayed from repeating verifiable facts and added his opinion, he became vulnerable to attack.

He is now being sued for $25 Million!

Social Media – Anti-Cyber bullying Laws it is a criminal offense

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Personal Injury coverage is not automatically included in most homeowner forms. Without that coverage you may not be covered for these lawsuits.

How much is enough? You don’t have to be a billionaire to be sued like one.

Chartis Insurance?Chartis is a world leading property-casualty and general insurance organization serving more than 70 million clients around the world. With a 90-year history, one of the industry’s most extensive ranges of products and services, deep claims expertise and excellent financial strength, Chartis enables its commercial and personal insurance clients alike to manage virtually any risk with confidence.

Private Client Group policyholders span the globe – and our international presence continues to grow. We protect over 68,000 clients around the world, including one-third of the Forbes 400 wealthiest Americans.

Currently, we have in-force premium of over $1.16 billion.* (June 2010)AM Best rated “A” Excellent

Guaranteed Issue No Underwriting Regardless of previous liability claims DUI’s accepted

How much is enough? Some advisors advise to match the net worth, some say it should be a multiple of the net worth. Some say you buy enough to protect your asset base according to your lifestyle that will provide you peace of mind.

I already have an umbrella – does it coordinate with my current program? Yes, with proper underlying liability limits

Is this all inclusive coverage? Yes, the policy includes dollar one, legal defense – use your attorney, watercraft, unlimited autos/homes, worldwide coverage

Why Chartis? We were able to negotiate reduced rates, $1m UM/UIM, guaranteed issuance, AM Best rated “A” Excellent

Group Personal Excess LiabilityFAQ

Pricing ExamplesAn insured, living in Pennsylvania, owns 1 home 3 cars, 1 small watercraft:

Limit Group Excess Premium Standard Policy Premium

$5 million $545 $930$10 million $845 $1,463

$15 million $1,595 $3,963

Requirement for Primary Insurance

$100,000Employers Liability

$500,000Watercraft Liability (26 feet or over up to 99 feet or 50 horsepower or over)

$300,000Watercraft Liability (under 26 feet or under 50 horsepower)

$250,000 / $500,000 Bodily Injury; $100,000 Property Damage OR $300,000 Combined Single Limit*

Uninsured/Underinsured Motorist Liability

$250,000 / $500,000 Bodily Injury; $100,000 Property Damage OR $300,000 Combined Single Limit*

Automobile Liability, Including Recreational Vehicles Subject to Registration

$300,000Recreational Vehicles Not Subject to Registration

$300,000Personal Liability on Homeowners

Required Underlying LimitCoverage

*Option is available to increase

Next Steps?

o Review current insurance limits to insure no “GAPS IN COVERAGE” PCG of Homesale can assist with this review

o Complete enrollment application with your amount of coverage

o Submit annual payment payable to Chartis Insurance

o Mail to Patrick O’Leary, 431 W Lancaster Ave. Devon PA 19333

My time is upThank you for yours.