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Umbrella fund |
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Umbrella fundA collective fund containing several sub-funds, each of which invests in a different market or country. The umbrella fund structure makes it cheaper for savers to move from one sub-fund to another.Similar MatchesTax umbrellaTax umbrellaTax loss carryforwards from previous business losses that form a tax shelter for profits earned in current and future years. Umbrella personal liability insuranceUmbrella personal liability insuranceIn the US, liability insurance giving excess cover over and above that cover provided by other policies. For example if general policies give total liability insurance cover of $400,000, an umbrella policy could typically provide cover of $1 million. If a claim of $700,000 were made the umbrella policy would pay out only after the $400,000 has been first exhausted. Umbrella personal liability policyUmbrella personal liability policyA liability insurance policy that provides protection against damages not covered by standard liability policies, such as large jury awards in lawsuits. Umbrella policyUmbrella policyInsurance for exports of an exporter whose issuer handles all administrative requirements. |
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