We are very pleased to announce an exclusive benefit for AIA Virginia members– Group Personal Excess Liability Insurance from Chubb.
As you may be aware, the limits of personal liability offered in most personal homeowners and automobile policies are simply not high enough to adequately protect people in the event of a serious lawsuit and often an added layer of Excess or “Umbrella” Liability coverage is necessary. Such coverage “kicks in” after the lower, primary limits of underlying policies are exhausted. Here’s where Chubb’s Group Personal Excess coverage comes in. Some important highlights include:
- As a group plan, the premium rates are usually much lower than individual excess policies, as low as $335 per year.
- You have access to higher liability limits (up to $50 million) than are typically available in individual policies, with no underwriting up to $15 million
- Chubb’s broad coverage will apply to you, your spouse or domestic partner and all eligible dependent children up to your selected limits.
- Chubb is recognized internationally for its financial strength and incomparable claims service.
You can access the program via Architect Advantages www.youdecide.com/architects – select “Insurance”, then “Excess Liability/Umbrella” to enroll online.
Should you have any questions, please contact our partners:
Heather DeMers: heather.demers@16lombard.com; 770-291-7178
Dave Cunningham: dave.cunningham@16lombard.com; 804-387-7508