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The definitions contained herein are for general information only and are not
designed for use in connection with the interpretation of any insurance policy
or annuity policy issued through Insurance Answer Center.
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Home Insurance Glossary Terms 4 A B C D E F H I J L M N O P Q R S T U V W |
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Catastrophe |
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If you suffered a huge loss due to a home fire, it would be a catastrophe to you. But, in insurance talk, a catastrophe hazard is a large loss because of the occurrence of a peril to which a large number of insured people are subject. An example would be widespread loss due to a hurricane or earthquake. |
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| Answer Financial(R) Inc. offers insurance products and services through its licensed affiliates Insurance Answer Center(R) Inc. (California License No. 0B99714), Answer Center Insurance Agency, Inc., and other affiliates. Answer Financial is not an insurance company. Insurance plans and services are from insurance companies and other licensed insurance-related providers. Not all products available in all states. Rates subject to change. |
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