>Insurance Jargon

      3 Comments on >Insurance Jargon

>I was just shuffling through some papers and came across our Terrorism Insurance Policy. The form called it “Ultra Catastrophe Liability Coverage”. I wasn’t aware that there were differing intensity levels for a catastrophe. I thought a catastraophe was pretty much the ulitmate in destruction.

I can understand using an adjective such as “natural” or “man-made” to describe different causes of catastrophes, but not ones like “ultra”, “mega” or “extreme”. I think those words are pretty much implied in the definition of the word catastrophe.

3 thoughts on “>Insurance Jargon

  1. Sonic Reducer

    >I thought “ultra” and “mega” were terms that were only used when referring to superheroes. Like ULTRA STRETCHY MAN MAN MAN!

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  2. kenbob

    >Leave to the lawyers to come up with the term “ultra” catastrophe, then charge “ultra” high fees to defend you in court.

    Reply
  3. kenbob

    >Leave to the lawyers to come up with the term “ultra” catastrophe, then charge “ultra” high fees to defend you in court.

    Reply

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