When a policy sits above all the underlining policies, and drops down coverages, that policy would be calied what 7. Umbrella Policy Excess Policy Surplus Policy Insurance -1. Moving to the next question prevents changes to this answer. When a policy sits above all the underlining policies, and drops down coverages, that policy would be calied what 7. Umbrella Policy Excess Policy Surplus Policy Insurance -1. Moving to the next question prevents changes to this