When an umbrella policy is broader than underlying insurance and it pays a loss that is not covered by the underlying policy, it usually only pays

Insurance

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When an umbrella policy is broader than underlying insurance and it pays a loss that is not covered by the underlying policy, it usually only pays

a) A percentage of the loss as described on the declarations.

b) The excess over the self-insured retention.

c) The amount specified in the policy under the additional coverage provisions.

d) The amount in excess of the underlying policy deductible.

Answer: B

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