LLC vs Umbrella Policy

[Account Closed]

I learned today that I cannot have a secondary market bank loan in an LLC name, so if I want to save on an interest rate as I can with a secondary market loan, I can't inside an LLC (I have to carry it with a bank internally as a portfolio loan as an LLC). Does an umbrella insurance policy cover me the same as an LLC so I can carry an umbrella policy as legal protection? Positives/negatives? If you give feedback, I'd be really grateful if you could please cite sources. Thanks!