Umbrella

The umbrella policy serves three purposes: it provides excess limits when the limits of the underlying liability policies are exhausted by the payment of claims (examples of underlying liability policies include general liability, auto liability, errors and omissions, employers liability, international liability and employee benefit liability); it drops down and picks up where the underlying policy leaves off when the aggregate limit of the underlying policy in question is exhausted by the payment of claims; and, it provides protection against some claims not covered by the underlying policy subject to the assumption, by the named insured, of a self-insured retention.

TriNet offers insurance as part of an HR outsourcing arrangement or as a stand-alone offering. For more information about TriNet Insurance Services, please call 1-888-842-6805.