Program Details
As a Chesapeake Energy employee and by enrolling in the ACE Group Personal Umbrella program, you gain access to industry-leading protection and the broadest terms and limits available. Below, you will find important pricing and program specifics.
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Participant Rates:
Personal Excess Limits Annual Premium
$1,000,000 $260
$2,000,000 $390
$3,000,000 $416
$5,000,000 $514
$10,000,000 $987
$15,000,000 $1,273
$20,000,000 $2,078 - Underwriting Questionnaire Required
$25,000,000 $2,597 - Underwriting Questionnaire Required
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​Excess Uninsured Motorist Coverage: $100 per Million of Coverage
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The Excess Uninsured/Underinsured Motorist​ Coverage is only available for participants who enroll in the Group Personal Umbrella program. The pricing of this coverage is $100 per coverage and is in addition to the Personal Excess rates as indicated above.
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When electing Excess Uninsured/Underinsured Motorist Coverage, you may only elect an amount equal to or less than the amount of Excess Liability Coverage selected.
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Required Underlying Limits:
​As with all Personal Umbrella Policies, you are required to maintain certain underlying limits on each the policies that the excess coverage layers upon. This includes all Homeowner, Automobile, Watercraft and Recreational Vehicle Policies.
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Underlying Policy Required Underlying Liability Limit
​Homeowner Liability $300,000
Automobile Liability $250,000/500,000/25,000 - OR - $300,000 CSL
Uninsured Motorist (If Electing Excess UM) $250,000/500,000/25,000 - OR - $300,000 CSL
Recreational Vehicles $250,000/500,000/25,000 - OR - $300,000 CSL
Watercraft Liability (Watercraft < 26 Feet and 50 HP) $300,000 CSL
Watercraft Liability (Watercraft > 26 Feet and 50HP) $500,000 CSL
Watercraft Liability (Watercraft Greater than 50 Feet) $1,000,000 CSL
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Important: Upon enrolling for coverage, it is important that you contact your Personal Insurance provider to ensure that your underlying policies meet the required limits of Liability and Uninsured Motorist Coverage as reflected above.
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