A special form of liability policyLegally binding contract effecting insurance or certificates thereof, including all clauses, riders, endorsements and renewals. More designed to protect the insuredThe entity (individual or otherwise) whose risk of financial loss from an insured peril is protected by the insurance policy. More for certain unknown contingencies over and above the normal coverages and to provide excess insuranceInsurance which does not participate until all other similar insurance on the same subject is exhausted, or until the loss exceeds a previously agreed... More.