This is umbrella liability coverage for individuals instead of corporations. Executives and professionals are excellent prospects. It increases the existing primary personal liability limits of insurance by providing additional limits. Coverage applies to personal, automobile, aircraft, watercraft, and employers’ liability, and professional liability or malpractice for professionals but only if such underlying policies are scheduled. Umbrellas often provide broader coverage than the scheduled underlying. There is a self-insured retention that applies only when the umbrella provides coverage for a loss that is not covered in the underlying. The amount of the self-insured retention varies among companies. This explanation of insurance benefits is provided by Insurance Marketplace.