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So if it is 174 mph insurance pays nothing? After a hurricane destroys a town.
by ngold 1y ago
So if it is 174 mph insurance pays nothing? After a hurricane destroys a town.
- genedan 1y agoIt depends on the details of the product. In theory you could get a product that doesn't have a cliff and it will be priced accordingly. These are basically equivalent to options in finance.