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an umbrella policy

Reference insurance terminology. An additional protection beyond the basic policy to cover the unusual, the vastly unpredictable, in a loss or damage incident.
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“

My recommendation Mr. Rainier is an umbrella policy to extend your coverage in the event of the once in a blue moon, tremendous loss and damage incident.

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Submitted by WerterBuch on August 25, 2015

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保护伞政策

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Nearby phrases

Some more phrases from our dictionary similar to an umbrella policy

ostrich policyhonesty is the best policyopen-door policyopen-door policy

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    "an umbrella policy." Phrases.com. STANDS4 LLC, 2024. Web. 22 Dec. 2024. <https://www.phrases.com/phrase/an-umbrella-policy_16499>.

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