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Being that I've worked with high end clients for years maybe I have a different perspective than some.
So can you tell me why one would NOT want UM/UIM coverage under their PUP policy? I have it on mine.
I can think of lots of reasons why I would want it but no reason why I would reject it.
Do your recommend your clients reject UM/UIM on their primary auto policy? I think most of us would say they are nuts if they do. It pays for a whole lot more than just medical bills. You don't have to die to collect it. It pays for pain & suffering, for temporary/permanent disability, loss of wages and more. What if my son's in a wheelchair due to the action of the at-fault party? What if my wife who is a surgeon, lost the use of one arm? Those are just Two reason's I'd want the PUP to ride on UM/UIM. I truly see no down side.
Unfortunately, more & more companies are not offering this coverage any more.
So if it was me, I do not care that it doubles the cost of the PUP. I would not buy one without it. I'd find an agent that offers it.
That's my view for what it's worth. Your mileage may vary
P.S. I'd say your doctor client has had excellent financial/insurance advice to require this coverage on his policy!
So can you tell me why one would NOT want UM/UIM coverage under their PUP policy? I have it on mine.
I can think of lots of reasons why I would want it but no reason why I would reject it.
Do your recommend your clients reject UM/UIM on their primary auto policy? I think most of us would say they are nuts if they do. It pays for a whole lot more than just medical bills. You don't have to die to collect it. It pays for pain & suffering, for temporary/permanent disability, loss of wages and more. What if my son's in a wheelchair due to the action of the at-fault party? What if my wife who is a surgeon, lost the use of one arm? Those are just Two reason's I'd want the PUP to ride on UM/UIM. I truly see no down side.
Unfortunately, more & more companies are not offering this coverage any more.
So if it was me, I do not care that it doubles the cost of the PUP. I would not buy one without it. I'd find an agent that offers it.
That's my view for what it's worth. Your mileage may vary
P.S. I'd say your doctor client has had excellent financial/insurance advice to require this coverage on his policy!
