Group Personal Excess Liability
Protect yourself and covered family members from financial loss.
American Express is offering you access to personal excess liability (PEL) coverage as part of your benefits program.
The advantages of participating in this group
(umbrella insurance) program include:
• Premium group pricing,
• Access to higher liability coverage limits,
• $1M Uninsured/Underinsured Motorist protection
included, and
• Simplified underwriting requirements.
Enroll today
Why are these coverages important?
Download the Program Overview for more details.
About your personal excess liability benefit.
Uninsured/Underinsured Motorist (UM/UIM) coverage provides protection if you, your family, or passengers in your car are injured by a driver who is uninsured or does not have enough insurance. This coverage also protects you if you are struck by a car as a pedestrian or involved in a hit-and-run accident.
Approximately
1 in 8 drivers
are uninsured.
The U.S. Chamber of Commerce Institute for Legal Reform analyzed 1,376 nuclear verdicts between 2010 and 2019. Approximately half of these verdicts were between $10 to $20 million, and about one-third were between $20 to 50 million.
The remaining 16% of them exceeded $50 million, including a group of 101 "mega" nuclear verdicts that exceeded $100 million.
Approximately half of
nuclear verdicts were between $10 to $20 million.
Download the Program Overview to learn more about coverage details and explore options which may be available to you,
including Uninsured/Underinsured Motorist (UM/UIM) coverage and Employment Practices Liability Insurance (EPLI).
Personal excess liability insurance offers additional protection for damages and costs that you are legally obligated to pay to another party due to bodily injury, property damage, or personal injury, such as libel or slander.
This insurance covers what you or a covered family member may be liable for beyond the limits of liability provided by your primary auto, homeowners, renters, recreational vehicle, motorcycle and watercraft insurance policies.
