Life is unpredictable — unforeseen events can pose financial threats that extend beyond the coverage limits of standard insurance policies. To address these potential gaps, individuals often turn to umbrella insurance — an additional layer of protection that offers peace of mind and shields against the unexpected. WHAT IS UMBRELLA INSURANCE? Umbrella insurance, also known as excess liability insurance, is a supplementary policy designed to provide extra protection beyond Beyond Limits Understanding the Power of Umbrella Insurance
WHY UMBRELLA INSURANCE IS IMPORTANT Protecting Your Assets If you face a lawsuit exceeding your primary insurance’s limits, your personal assets could be at risk. Umbrella insurance acts as a financial buffer, shielding your assets from being tapped to cover liabilities. Risk Management High-net-worth individuals or those with substantial assets are more likely to be targeted in lawsuits seeking substantial damages. Umbrella insurance is a strategic risk management tool to safeguard against significant financial losses. Coverage Gaps Standard insurance policies might not cover certain liability claims or may have insufficient limits. Umbrella insurance steps in to bridge these gaps, ensuring comprehensive protection. Affordability Considering the extensive coverage it provides, umbrella insurance is relatively affordable. Compared to the cost, its added protection makes it a wise investment for many individuals. While we can’t predict every twist and turn in life, we can take proactive steps to protect our assets and financial well-being. By considering umbrella insurance, individuals gain an extra layer of security, contributing to their peace of mind and financial stability in the face of life’s uncertainties.
the limits of your primary insurance policies. While policies such as auto, home, or renters insurance offer essential coverage, they may have limits that make coverage insufficient in the face of certain catastrophic events or extensive liability claims. COVERAGE HIGHLIGHTS Liability Protection Umbrella insurance primarily offers liability protection. If you’re found responsible for causing an accident resulting in severe injuries or property damage, the umbrella policy kicks in once the claim reaches the limits of your primary insurance. Legal Expenses In addition to covering damages, umbrella insurance can assist in covering legal expenses, including lawyer fees, court costs, and settlements. This is crucial in scenarios where legal actions may arise due to a covered incident.
Personal Injury Coverage Umbrella insurance often extends coverage to personal injury claims, which may include libel, slander, defamation, or invasion of privacy. Worldwide Coverage Whether traveling abroad or hosting an event, umbrella insurance can provide international coverage, ensuring a broad scope of protection.
COACH’S CORNER
“It’s not the size of the dog in the fight, but the size of the fight in the dog.” -Archie Griffin “You miss 100% of the shots you don’t take.” -Wayne Gretzky
Grilled Steak With Chimichurri Sauce
Savor the flavor with our mouthwatering grilled steak, paired perfectly with vibrant chimichurri sauce.
INGREDIENTS
“The more difficult the victory, the greater the happiness in winning.” -Pele “You have to expect things of yourself before you can do them. ” -Michael Jordan
For the chimichurri sauce: • 1 cup fresh parsley, chopped • 2 cloves garlic, minced • Juice of 1 lemon
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2 lbs steak (flank, sirloin, or skirt steak)
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2 tbsp olive oil
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2 tbsp olive oil
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1 tsp red pepper flakes Salt and pepper, to taste
Salt and pepper, to taste
DIRECTIONS 1.
Preheat grill to medium-high heat.
2. Rub the steak with the olive oil, salt, and pepper. 3. Grill the steak for 4–5 minutes per side or until it reaches desired doneness. 4. Meanwhile, make the chimichurri sauce: In a small bowl, mix together the parsley, garlic, lemon juice, olive oil, red pepper flakes, and salt and pepper. 5. Let the steak rest for 5 minutes before slicing. 6. Serve the steak with the chimichurri sauce and enjoy!
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