Umbrella insurance is often marketed as the ultimate safety net—coverage that kicks in when auto or homeowners policies max out. For retirees with assets to protect, umbrella policies seem like an easy “yes.” But not all policies are equal, and failing to ask the right questions can leave dangerous gaps. Renewal time is the perfect opportunity to make sure coverage still matches your life. Before signing again, retirees should ask these eight questions to avoid costly surprises.
