Frequently Asked Questions
What is GPEL Insurance?
GPEL Insurance provides you and your eligible family members with additional liability protection if a lawsuit exceeds the insurance coverage provided under your automobile, homeowners, tenant, and recreational vehicle or watercraft insurance policies. GPEL insurance also covers personal injury suits, such as libel, slander or defamation of character.
What does it cover?
GPEL covers the judgment and settlement amounts as well as all defense costs associated with liability claims. It will pay the defense costs, whether the claim proves to be valid or not. In addition, coverage is afforded to covered persons for injuries sustained in an accident with an uninsured or underinsured motorist.
Who is eligible to enroll?
All US benefits eligible employees are eligible to enroll.
Are my family members covered?
Your spouse, domestic partner and any relative who lives with you or any other person who lives with you, is under 25 and is in your care or your spouse /domestic partner’s care.
REQUIRED UNDERLYING PRIMARY INSURANCE:
The Group Excess Liability policy requires you to carry primary underlying liability insurance of the types and in at least the amounts listed below. Please note, coverage for watercraft over 26 ft. and / or over 50 horsepower, motor homes, and vehicles with less than 4 wheels is excluded under this policy if you do not have the required underlying liability coverage in effect. The Group Excess policy pays only after the required primary insurance limits have been paid. To avoid gaps in coverage, you must maintain the following underlying liability coverages:
Personal Liability (Homeowners) for personal injury and property damage; minimum amount of $300,000 each occurrence.
Registered vehicles: $250,000 per person/$500,000 per occurrence for bodily injury and $100,000 for property damage; or $300,000/$300,000 bodily injury and $100,000 property damage; or $300,000 single limit each occurrence. This coverage is also required for motor vehicles with less than four wheels, motor homes you own, rent or that are furnished to you for longer than 30 consecutive days and for autos rented, borrowed or furnished to you for longer than 60 consecutive days.
Unregistered vehicles: $300,000 for bodily injury and property damage each occurrence.
Watercraft less than 26 feet and less than 50 horsepower: $300,000 each occurrence, including watercraft you own, rent or that are furnished to you for longer than 30 consecutive days.
Watercraft 26 feet or longer or watercraft more than 50 engine rated horsepower, including watercraft you own, rent or that are furnished to you for longer than 30 consecutive days, for bodily injury and property damage in the minimum amount of $500,000 each occurrence. Coverage is excluded for watercraft 26 feet or longer or 51 horsepower or more for which you do not carry the required underlying insurance or are: longer than 70 feet; or faster than 65 MPH; or chartered under a written charter party agreement; or used or operated with a full-time captain or any full-time paid crew member(s).
Uninsured/Underinsured Motorists’ protection: $250,000 per person, $500,000 per occurrence for bodily injury; or $300,000/$300,000 bodily injury or $300,000 single limit each occurrence.
In many cases, the GPEL Plan will pay an approved loss even if you do not carry the required underlying coverage, but the required underlying limits must first be paid by you or through other insurance and will not be covered by the GPEL Plan. This gap in coverage can be avoided by ensuring you carry the above listed Required Underlying Primary Insurance limits.
Who is the insurance Carrier for this coverage?
The GPEL is fully insured by the Chubb Group of Insurance Companies “CHUBB”.
Can I keep my current umbrella policy in effect if I participate in the WPP GPEL program?
Yes. The GPEL is always in excess of any other collectible insurance.
How much is the premium?
Premiums are payroll deducted and are based on the amount of coverage you select. Refer to the coverage amounts and corresponding rates on the open enrollment site.
Can I pay in installments?
Premiums are payroll deducted
When is coverage effective?
The policy period is January 1 – December 31 each year. If a new hire, coverage will be effective the first of the month following your date of hire. Your annual premium will be pro-rated accordingly.
What happens if I retire?
You may not continue the coverage in the group program. Your coverage will end the date of your retirement.
What happens if I terminate?
Your GPEL Plan coverage will end effective your termination date.
What if I have a claim?
To report a Claim, please call Chubb directly (24 hours) at 800-252-4670 OR send them an email notification at cscfnol@chubb.com and copy Gallagher at GGB.WPPGPEL@AJG.COM
Who can I contact with questions?
Call Antonietta Ruggiero from Arthur J Gallagher Risk Management Services Inc. at (212) 994-7076 or send an email to GGB.WPPGPEL@AJG.COM