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September 2016 » Financial Planning with Excess...
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Charles R. Pryor, PhD, Zhiqiang Yan, PhD, and Nicolas C. Lynch, PhD
In BriefWhile most individuals probably think their insurance covers them for every conceivable occurrence, many policies have numerous gaps in coverage. Excess liability coverage can close these gaps, but even these policies contain traps for the unwary. The authors examine the complex issues surrounding excess liability insurance, outlining several pitfalls that, if ignored, could leave individuals dangerously uninsured.
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