In today’s society, there is no denying how important healthcare is, and how important it is to find the right professional for each specific medical
Most policies contain both coverage for liability and medical payments, also known as “med pay”, but what do each of these terms mean?
Many liability or umbrella insurance policies however contain a provision few consumers know about. It is called a “step down” or “drop down” provision. It only applies in very limited circumstances, but can have huge ramifications when it does. This unpleasant surprise may result in you getting something much different (and less) than you expected.