A form of coverage similar to an umbrella, having to do with ocean marine risks.

A liability policy similar to the Umbrella Policy which includes coverage related to Ocean Marine risks. In addition to General Liability coverage, Protection and Indemnity can be provided, as can Liability under the Workers Compensation Act. Collision coverage can be provided and general average and salvage charges can be included. A shipyard would be interested in a Bumbershoot Policy.