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bumbershootAn excess liability coverage for insureds with major wet marine exposures. The policy covers both nonmarine and maritime liability exposures—that is, protection and indemnity, general average, colli [..]
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bumbershootumbrella
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bumbershootAmerican form of excess layer liability cover
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bumbershootAn English word for “umbrella” used in a context to indicate a broad marine umbrella liability insurance policy providing coverage for marine risks. Can include protection and indemnity, general average, collision, sue and labour as well as general liability exposures.
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