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The following-form policy typically contains the language, “… anything inconsistent with a provision of this policy,” the umbrella language controls. This means that if the underlying liability policy has a different definition of a particular coverage, t

Posted 12/1/11

The information was based in part on a presentation by Robin Federici, CPCU, AAI, ARM, AINS, AIS, and CPIW, at the Big Event 2011 sponsored by the Massachusetts Association of Insurance Agents.

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